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auctions / 10Y / 2019-11-08

Official Result (MOF)

Auction Date2019-11-08
Issue Date2019-11-11
IssueInflation-Indexed JGB (10-Year) No. 24(reopen)
Coupon (%)0.1%
Maturity2029-03-10
Methodprice conventional
Offering¥400B
Competitive Bids¥1.4T
Accepted Amount¥399.6B
Lowest Accepted Price102.90(-0.204%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥10.7B

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24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 deadline2019-11-08 11:50
Payment date2019-11-11
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/Cover3.433.843.412.614.02+0.05
Tail (sen)
Non-competitive take-up2.6%3.5%
GradeC (score +0.05)(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

3.003.504.002016-102017-102018-112019-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2019-11-08Inflation-Indexed JGB (10-Year) No. 243.43-0.204
2019-08-08Inflation-Indexed JGB (10-Year) No. 243.84-0.329
2019-05-10Inflation-Indexed JGB (10-Year) No. 243.72-0.266
2019-02-15Inflation-Indexed JGB (10-Year) No. 233.34-0.287
2018-11-06Inflation-Indexed JGB (10-Year) No. 233.70-0.305
2018-08-07Inflation-Indexed JGB (10-Year) No. 233.12-0.309
2018-05-10Inflation-Indexed JGB (10-Year) No. 234.02-0.513
2018-02-06Inflation-Indexed JGB (10-Year) No. 223.38-0.464
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