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auctions / 10Y / 2017-10-05

Official Result (MOF)

Auction Date2017-10-05
Issue Date2017-10-10
IssueInflation-Indexed JGB (10-Year) No. 22(reopen)
Coupon (%)0.1%
Maturity2027-03-10
Methodprice conventional
Offering¥400B
Competitive Bids¥1.2T
Accepted Amount¥399.4B
Lowest Accepted Price104.50(-0.361%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥47B

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22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 deadline2017-10-05 12:00
Payment date2017-10-10
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/Cover3.103.192.762.113.64+0.79
Tail (sen)
Non-competitive take-up10.5%4.7%
GradeB (score +0.79)(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

3.002014-102015-112016-102017-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2017-10-05Inflation-Indexed JGB (10-Year) No. 223.10-0.361
2017-08-03Inflation-Indexed JGB (10-Year) No. 223.19-0.358
2017-04-11Inflation-Indexed JGB (10-Year) No. 223.64-0.385
2017-02-07Inflation-Indexed JGB (10-Year) No. 212.61-0.439
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