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auctions / 20Y / 2002-12-12

Official Result (MOF)

Auction Date2002-12-12
Issue Date2002-12-20
IssueJGB (20-Year) No. 59(new)
Coupon (%)1.7%
Maturity2022-12-20
Methodprice conventional
Offering¥700B
Competitive Bids¥1.5T
Accepted Amount¥699.1B
Lowest Accepted Price100.65(1.656%)
Weighted Avg Price100.70(1.653%)
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(20年)(第59回)
Legal basis平成14年度における財政運営のための公債の発行の特例 及びその条項 等に関する法律(平成14年法律第20号)第2条第1項 及び国債整理基金特別会計法(明治39年法律第6号)第 5条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount
Bid deadline
Payment date
Non-competitive II
Price terms募入となったものにつきそれぞれの応募価格

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.142.081.861.382.56+1.01
Tail (sen)51112336-0.81
Non-competitive take-up0.0%0.0%
GradeB (score +0.91)(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)0.30.8

Same-tenor Auction History

1.502.002.502000-102001-082002-042002-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2002-12-12JGB (20-Year) No. 592.1451.653
2002-10-08JGB (20-Year) No. 582.08111.892
2002-08-06JGB (20-Year) No. 571.66101.955
2002-06-13JGB (20-Year) No. 562.0382.033
2002-04-09JGB (20-Year) No. 551.94142.050
2002-02-13JGB (20-Year) No. 541.90362.188
2001-12-06JGB (20-Year) No. 531.8182.090
2001-10-10JGB (20-Year) No. 521.7692.037
2001-08-02JGB (20-Year) No. 511.38152.049
2001-06-12JGB (20-Year) No. 501.6641.842
2001-04-03JGB (20-Year) No. 502.5631.819
2001-01-17JGB (20-Year) No. 491.68182.147
2000-10-04JGB (20-Year) No. 481.8862.447