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auctions / 20Y / 2004-07-22

Official Result (MOF)

Auction Date2004-07-22
Issue Date2004-07-30
IssueJGB (20-Year) No. 70(reopen)
Coupon (%)2.4%
Maturity2024-06-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2T
Accepted Amount¥598.9B
Lowest Accepted Price100.05(2.396%)
Weighted Avg Price100.13(2.390%)
Allotment Ratio
Non-competitive I
Non-competitive II

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.322.682.421.623.19+1.93
Tail (sen)8611528-0.42
Non-competitive take-up0.0%0.0%
GradeA (score +1.18)(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)0.60.5

Same-tenor Auction History

2.003.002003-042003-112004-032004-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2004-07-22JGB (20-Year) No. 703.3282.390
2004-06-17JGB (20-Year) No. 702.6862.391
2004-05-25JGB (20-Year) No. 693.1952.125
2004-04-22JGB (20-Year) No. 682.6692.129
2004-03-18JGB (20-Year) No. 672.66101.931
2004-02-17JGB (20-Year) No. 662.3971.826
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