overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 15Y / 2008-05-21

Official Result (MOF)

Auction Date2008-05-21
Issue Date2008-05-26
IssueFloating-Rate JGB (15-Year) No. 48(new)
Coupon (%)
Maturity2023-05-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2T
Accepted Amount¥549.7B
Lowest Accepted Price100.00
Weighted Avg Price100.22
Allotment Ratio
Non-competitive I¥49.9B
Non-competitive II¥38.9B

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

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.616.083.732.516.08-0.14
Tail (sen)22310326+1.72
Non-competitive take-up13.9%16.5%
GradeD (score -0.93)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor

Same-tenor Auction History

4.006.002005-112006-072007-052008-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-05-21Floating-Rate JGB (15-Year) No. 483.6122
2008-02-19Floating-Rate JGB (15-Year) No. 476.083
2007-11-15Floating-Rate JGB (15-Year) No. 473.814
2007-08-21Floating-Rate JGB (15-Year) No. 462.9526
2007-05-22Floating-Rate JGB (15-Year) No. 454.583
2007-02-15Floating-Rate JGB (15-Year) No. 443.537
2006-11-16Floating-Rate JGB (15-Year) No. 434.353
2006-09-14Floating-Rate JGB (15-Year) No. 423.856
2006-07-20Floating-Rate JGB (15-Year) No. 413.715
2006-05-23Floating-Rate JGB (15-Year) No. 403.637
2006-03-14Floating-Rate JGB (15-Year) No. 392.8315
2006-01-24Floating-Rate JGB (15-Year) No. 382.5119
2005-11-17Floating-Rate JGB (15-Year) No. 372.9816