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auctions / 20Y / 2003-08-19

Official Result (MOF)

Auction Date2003-08-19
Issue Date2003-08-25
IssueJGB (20-Year) No. 63(new)
Coupon (%)1.8%
Maturity2023-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥1.3T
Accepted Amount¥799.3B
Lowest Accepted Price99.80(1.813%)
Weighted Avg Price99.99(1.800%)
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63回)
Legal basis平成15年度における公債の発行の特例に関する法律(平 及びその条項 成15年法律第18号)第2条第1項及び財政融資資金特 別会計法(昭和26年法律第101号)第11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/Cover1.621.951.941.382.48-1.20
Tail (sen)19513536+0.68
Non-competitive take-up0.0%0.0%
GradeD (score -0.94)(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)1.30.3

Same-tenor Auction History

1.502.002.502001-082002-042002-122003-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2003-08-19JGB (20-Year) No. 631.62191.800
2003-06-17JGB (20-Year) No. 621.9550.788
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