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auctions / 20Y / 2004-01-22

Official Result (MOF)

Auction Date2004-01-22
Issue Date2004-01-30
IssueJGB (20-Year) No. 65(reopen)
Coupon (%)1.9%
Maturity2023-12-20
Methodprice conventional
Offering¥500B
Competitive Bids¥1.5T
Accepted Amount¥498.9B
Lowest Accepted Price100.30(1.879%)
Weighted Avg Price100.39(1.873%)
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65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項並びに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/Cover3.052.332.031.622.48+3.84
Tail (sen)91013528-0.55
Non-competitive take-up0.0%0.0%
GradeA (score +2.20)(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)0.60.7

Same-tenor Auction History

2.002.503.002002-042002-122003-082004-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2004-01-22JGB (20-Year) No. 653.0591.873
2003-12-18JGB (20-Year) No. 652.33101.862
2003-11-20JGB (20-Year) No. 642.32101.838
2003-10-21JGB (20-Year) No. 641.67281.901
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