The 5-Year JGB Auction involves the sale of Japanese Government Bonds with a five-year maturity by the Ministry of Finance. These bonds are a vital component of the Japanese fixed-income market and are heavily influenced by the Bank of Japan's yield curve control policies. The auction results reflect domestic institutional demand, particularly from Japanese banks and insurance companies.
The auction is conducted through a competitive bidding system where primary dealers submit bids for price or yield, and the Ministry allocates bonds starting from the most favorable bids.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 28, 2026 | 1.71 | — | — |
| Aug 18, 2026 | 2.16 | — | — |
| Jul 30, 2026 | 1.48 | — | — |
| Jul 9, 2026 | 2.02 | — | — |
| Jun 30, 2026 | 1.41 | — | — |
| Jun 23, 2026 | 1.91 | — | — |
| May 29, 2026 | 1.37 | — | — |
| May 18, 2026 | 2.02 | — | — |
| Apr 30, 2026 | 1.41 | — | — |
| Apr 9, 2026 | 1.83 | — | — |
| Mar 11, 2026 | 1.63 | — | — |
| Mar 10, 2026 | 1.63 | — | — |
| Feb 17, 2026 | 1.64 | — | — |
| Jan 14, 2026 | 1.64 | — | — |
| Dec 9, 2025 | 1.44 | — | — |
| Nov 13, 2025 | 1.25 | — | — |
| Oct 9, 2025 | 1.23 | — | — |
| Sep 10, 2025 | 1.12 | — | — |
| Aug 13, 2025 | 1.06 | — | — |
| Jul 8, 2025 | 0.99 | — | — |
| Jun 19, 2025 | 0.98 | — | — |
| May 15, 2025 | 0.98 | — | — |
| Apr 10, 2025 | 0.94 | — | — |
| Mar 10, 2025 | 1.16 | — | — |
| Feb 14, 2025 | 0.98 | — | — |
| Jan 14, 2025 | 0.88 | — | — |
| Dec 10, 2024 | 0.73 | — | — |
| Nov 15, 2024 | 0.71 | — | — |
| Oct 10, 2024 | 0.56 | — | — |
| Sep 10, 2024 | 0.52 | — | — |
| Aug 14, 2024 | 0.45 | — | — |
| Jul 9, 2024 | 0.61 | — | — |
| Jun 20, 2024 | 0.51 | — | — |
| May 14, 2024 | 0.57 | — | — |
| Apr 9, 2024 | 0.40 | — | — |
| Mar 12, 2024 | 0.37 | — | — |
| Feb 9, 2024 | 0.31 | — | — |
| Jan 16, 2024 | 0.20 | — | — |
| Dec 12, 2023 | 0.33 | — | — |
| Nov 14, 2023 | 0.42 | — | — |
| Oct 11, 2023 | 0.33 | — | — |
| Sep 12, 2023 | 0.29 | — | — |
| Aug 15, 2023 | 0.19 | — | — |
| Jul 11, 2023 | 0.13 | — | — |
| Jun 22, 2023 | 0.07 | — | — |
| May 15, 2023 | 0.12 | — | — |
| Apr 11, 2023 | 0.16 | — | — |
| Mar 14, 2023 | 0.12 | — | — |
| Feb 16, 2023 | 0.22 | — | — |
| Jan 13, 2023 | 0.39 | — | — |
