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auctions / 10Y / 2014-04-03

Official Result (MOF)

Auction Date2014-04-03
Issue Date2014-04-10
IssueInflation-Indexed JGB (10-Year) No. 18(new)
Coupon (%)0.1%
Maturity2024-03-10
Methodprice conventional
Offering¥400B
Competitive Bids¥1.2T
Accepted Amount¥399.8B
Lowest Accepted Price108.20(-0.671%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥21.9B

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(物価連動・10年)(第18回)
Legal basis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
Coupon dates毎年3月10日及び9月10日
Planned amount¥400B
Bid deadline2014-04-03 12:00
Payment date2014-04-10
Non-competitive IIheld
Price terms募入最低価格により決定

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.892.873.572.524.85-1.10
Tail (sen)171521
Non-competitive take-up5.2%1.2%
GradeE (score -1.10)(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

3.004.002007-022007-102008-062014-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-04-03Inflation-Indexed JGB (10-Year) No. 182.89-0.671
2014-01-09Inflation-Indexed JGB (10-Year) No. 172.87-0.482
2013-10-08Inflation-Indexed JGB (10-Year) No. 173.74-0.352
2008-08-07Inflation-Indexed JGB (10-Year) No. 162.52211.188
2008-06-05Inflation-Indexed JGB (10-Year) No. 164.071.400
2008-04-03Inflation-Indexed JGB (10-Year) No. 152.921.400
2008-02-07Inflation-Indexed JGB (10-Year) No. 143.63151.143
2007-12-06Inflation-Indexed JGB (10-Year) No. 143.451.220
2007-10-04Inflation-Indexed JGB (10-Year) No. 134.021.340
2007-08-07Inflation-Indexed JGB (10-Year) No. 124.11161.244
2007-06-07Inflation-Indexed JGB (10-Year) No. 124.851.280
2007-04-05Inflation-Indexed JGB (10-Year) No. 113.491.270
2007-02-06Inflation-Indexed JGB (10-Year) No. 103.211.280