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auctions / 5Y / 2026-03-11

Official Result (MOF)

Auction Date2026-03-11
Issue Date2026-03-12
IssueJGB (5-Year) No. 183(reopen)
Coupon (%)1.6%
Maturity2030-12-20
Methodprice conventional
Offering¥2.5T
Competitive Bids¥7.1T
Accepted Amount¥1.9T
Lowest Accepted Price99.84(1.636%)
Weighted Avg Price99.85(1.633%)
Allotment Ratio
Non-competitive I¥576.8B
Non-competitive II¥244.9B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name利付国庫債券(5年)(第183回)
Legal basis財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101号)第3条第1項並びに特別会計に関する法律(平成19年法律第23号)第46条第1項及び第47条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥2.5T
Bid deadline2026-03-11 11:50
Payment date2026-03-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.693.103.442.964.58+0.56
Tail (sen)13427-2.20
Non-competitive take-up30.0%29.9%
GradeA (score +1.38)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor
Yield tail (bp)0.30.6

Same-tenor Auction History

3.004.002025-032025-072025-112026-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2026-03-11JGB (5-Year) No. 1833.6911.633
2026-02-17JGB (5-Year) No. 1833.1031.640
2026-01-14JGB (5-Year) No. 1833.0851.639
2025-12-09JGB (5-Year) No. 1823.1741.435
2025-11-13JGB (5-Year) No. 1813.3331.245
2025-10-09JGB (5-Year) No. 1813.6961.233
2025-09-10JGB (5-Year) No. 1803.7031.119
2025-08-13JGB (5-Year) No. 1792.9631.056
2025-07-08JGB (5-Year) No. 1793.5420.989
2025-06-19JGB (5-Year) No. 1784.5850.982
2025-05-15JGB (5-Year) No. 1783.1960.980
2025-04-10JGB (5-Year) No. 1783.8440.938
2025-03-10JGB (5-Year) No. 1773.1771.157