overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 10Y / 2016-10-06

Official Result (MOF)

Auction Date2016-10-06
Issue Date2016-10-11
IssueInflation-Indexed JGB (10-Year) No. 21(reopen)
Coupon (%)0.1%
Maturity2026-03-10
Methodprice conventional
Offering¥400B
Competitive Bids¥1.3T
Accepted Amount¥399.9B
Lowest Accepted Price104.80(-0.391%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥25.2B

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21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¥400B
Bid deadline2016-10-06 12:00
Payment date2016-10-11
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/Cover3.212.852.712.113.74+1.20
Tail (sen)
Non-competitive take-up5.9%12.0%
GradeA (score +1.20)(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

3.002013-102014-102015-112016-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-10-06Inflation-Indexed JGB (10-Year) No. 213.21-0.391
2016-08-04Inflation-Indexed JGB (10-Year) No. 212.85-0.324
2016-04-12Inflation-Indexed JGB (10-Year) No. 212.84-0.376
2016-01-13Inflation-Indexed JGB (10-Year) No. 202.47-0.364
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