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auctions / 10Y / 2008-02-07

Official Result (MOF)

Auction Date2008-02-07
Issue Date2008-02-13
IssueInflation-Indexed JGB (10-Year) No. 14(reopen)
Coupon (%)1.2%
Maturity2017-12-10
Methodprice conventional
Offering¥500B
Competitive Bids¥1.7T
Accepted Amount¥473.7B
Lowest Accepted Price100.35(1.160%)
Weighted Avg Price100.50(1.143%)
Allotment Ratio—
Non-competitive I¥25.8B
Non-competitive II¥6.3B

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14回)
Legal basis平成19年度における財政運営のための公債の発行の特例等に関する法律(平成19年法律第25号)第2条第1項並びに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、第47条及び附則第76条第1項
Coupon dates毎年6月10日及び12月10日
Planned amount¥500B
Bid deadline2008-02-07 12:00
Payment date2008-02-13
Non-competitive IIheld
Price terms—

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover3.633.453.993.215.34-0.54
Tail (sen)15—161616—
Non-competitive take-up6.3%1.5%
GradeD (score -0.54)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor
Yield tail (bp)1.7—

Same-tenor Auction History

4.005.002005-122006-102007-062008-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-02-07Inflation-Indexed JGB (10-Year) No. 143.63151.143
2007-12-06Inflation-Indexed JGB (10-Year) No. 143.45—1.220
2007-10-04Inflation-Indexed JGB (10-Year) No. 134.02—1.340
2007-08-07Inflation-Indexed JGB (10-Year) No. 124.11161.244
2007-06-07Inflation-Indexed JGB (10-Year) No. 124.85—1.280
2007-04-05Inflation-Indexed JGB (10-Year) No. 113.49—1.270
2007-02-06Inflation-Indexed JGB (10-Year) No. 103.21—1.280
2006-12-07Inflation-Indexed JGB (10-Year) No. 104.84—1.165
2006-10-05Inflation-Indexed JGB (10-Year) No. 95.34—1.120
2006-08-03Inflation-Indexed JGB (10-Year) No. 84.02—0.985
2006-06-06Inflation-Indexed JGB (10-Year) No. 83.59—1.050
2006-03-07Inflation-Indexed JGB (10-Year) No. 73.69—0.800
2005-12-06Inflation-Indexed JGB (10-Year) No. 63.24—0.895