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auctions / 10Y / 2015-11-10

Official Result (MOF)

Auction Date2015-11-10
Issue Date2015-11-12
IssueInflation-Indexed JGB (10-Year) No. 20(reopen)
Coupon (%)0.1%
Maturity2025-03-10
Methodprice conventional
Offering¥500B
Competitive Bids¥1.1T
Accepted Amount¥499.8B
Lowest Accepted Price105.45(-0.459%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥1.8B

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47条第1項
Coupon dates毎年3月10日及び9月10日
Planned amount¥500B
Bid deadline2015-11-10 12:00
Payment date2015-11-12
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/Cover2.212.332.942.114.07-1.28
Tail (sen)181521
Non-competitive take-up0.4%7.6%
GradeE (score -1.28)(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

3.004.002008-022013-102014-102015-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-11-10Inflation-Indexed JGB (10-Year) No. 202.21-0.459
2015-07-07Inflation-Indexed JGB (10-Year) No. 202.33-0.555
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