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auctions / 10Y / 2015-05-08

Official Result (MOF)

Auction Date2015-05-08
Issue Date2015-05-12
IssueInflation-Indexed JGB (10-Year) No. 20(new)
Coupon (%)0.1%
Maturity2025-03-10
Methodprice conventional
Offering¥500B
Competitive Bids¥1.3T
Accepted Amount¥499.8B
Lowest Accepted Price107.20(-0.589%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥53.9B

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20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¥500B
Bid deadline2015-05-08 12:00
Payment date2015-05-12
Non-competitive II
Price terms募入最低価格により決定

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.652.973.152.114.07-0.82
Tail (sen)181521
Non-competitive take-up9.7%10.6%
GradeD (score -0.82)(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

3.004.002007-102008-062014-042015-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-05-08Inflation-Indexed JGB (10-Year) No. 202.65-0.589
2015-01-08Inflation-Indexed JGB (10-Year) No. 192.97-0.501
2014-10-08Inflation-Indexed JGB (10-Year) No. 192.11-0.658
2014-07-08Inflation-Indexed JGB (10-Year) No. 182.54-0.952
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