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auctions / 10Y / 2008-08-07

Official Result (MOF)

Auction Date2008-08-07
Issue Date2008-08-12
IssueInflation-Indexed JGB (10-Year) No. 16(reopen)
Coupon (%)1.4%
Maturity2018-06-10
Methodprice conventional
Offering¥500B
Competitive Bids¥1.2T
Accepted Amount¥464.1B
Lowest Accepted Price101.65(1.212%)
Weighted Avg Price101.86(1.188%)
Allotment Ratio—
Non-competitive I¥35.5B
Non-competitive II¥1B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name—
Legal basis—
Coupon dates—
Planned amount—
Bid deadline—
Payment date—
Non-competitive IIheld
Price terms—

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover2.524.074.002.925.34-2.12
Tail (sen)21—161516—
Non-competitive take-up7.3%8.9%
GradeE (score -2.12)(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)2.4—

Same-tenor Auction History

3.004.005.002006-082007-042007-122008-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-08-07Inflation-Indexed JGB (10-Year) No. 162.52211.188
2008-06-05Inflation-Indexed JGB (10-Year) No. 164.07—1.400
2008-04-03Inflation-Indexed JGB (10-Year) No. 152.92—1.400
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