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auctions / 20Y / 2003-04-17

Official Result (MOF)

Auction Date2003-04-17
Issue Date2003-04-25
IssueJGB (20-Year) No. 61(new)
Coupon (%)1%
Maturity2023-03-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2T
Accepted Amount¥798.9B
Lowest Accepted Price99.30(1.042%)
Weighted Avg Price99.40(1.036%)
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61回)
Legal basis財政融資資金特別会計法(昭和26年法律第101号)第 及びその条項 11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3月20日及び9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/Cover2.482.091.921.382.56+1.95
Tail (sen)102612336-0.26
Non-competitive take-up0.0%0.0%
GradeA (score +1.11)(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)0.61.7

Same-tenor Auction History

1.502.002.502001-042001-122002-082003-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2003-04-17JGB (20-Year) No. 612.48101.036
2003-02-20JGB (20-Year) No. 602.09261.454
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