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auctions / 10Y / 2023-08-03

Official Result (MOF)

Auction Date2023-08-03
Issue Date2023-08-04
IssueInflation-Indexed JGB (10-Year) No. 28(reopen)
Coupon (%)0.005%
Maturity2033-03-10
Methodprice conventional
Offering¥250B
Competitive Bids¥726.3B
Accepted Amount¥249.9B
Lowest Accepted Price105.20(-0.510%)
Weighted Avg Price—
Allotment Ratio—
Non-competitive I—
Non-competitive II—

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28回)
Legal basis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
Coupon dates毎年3月10日及び9月10日
Planned amount¥250B
Bid deadline2023-08-03 11:50
Payment date2023-08-04
Non-competitive II—
Price terms募入最低価格により決定

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover2.913.503.382.884.20-1.37
Tail (sen)——————
Non-competitive take-up0.0%0.0%
GradeE (score -1.37)(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

3.003.504.002020-082021-082022-082023-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2023-08-03Inflation-Indexed JGB (10-Year) No. 282.91—-0.510
2023-05-23Inflation-Indexed JGB (10-Year) No. 283.50—-0.595
2023-02-09Inflation-Indexed JGB (10-Year) No. 273.06—-0.173
2022-11-07Inflation-Indexed JGB (10-Year) No. 273.28—-0.733
2022-08-04Inflation-Indexed JGB (10-Year) No. 273.32—-0.708
2022-05-16Inflation-Indexed JGB (10-Year) No. 273.62—-0.715
2022-02-08Inflation-Indexed JGB (10-Year) No. 264.20—-0.388
2021-11-04Inflation-Indexed JGB (10-Year) No. 263.31—-0.357
2021-08-05Inflation-Indexed JGB (10-Year) No. 262.88—-0.174
2021-05-17Inflation-Indexed JGB (10-Year) No. 263.82—-0.185
2021-02-08Inflation-Indexed JGB (10-Year) No. 253.07—-0.121
2020-11-06Inflation-Indexed JGB (10-Year) No. 253.31—0.033
2020-08-06Inflation-Indexed JGB (10-Year) No. 253.21—0.006