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auctions / 20Y / 2004-11-16

Official Result (MOF)

Auction Date2004-11-16
Issue Date2004-11-22
IssueJGB (20-Year) No. 72(reopen)
Coupon (%)2.1%
Maturity2024-09-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2.4T
Accepted Amount¥599.2B
Lowest Accepted Price99.70(2.121%)
Weighted Avg Price99.72(2.120%)
Allotment Ratio
Non-competitive I
Non-competitive II¥52.6B

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72回)
Legal basis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項及び第5条ノ2
Coupon dates毎年3月20日及び9月20日
Planned amount
Bid deadline
Payment date
Non-competitive IIheld
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/Cover3.953.853.002.324.26+1.60
Tail (sen)227210-2.14
Non-competitive take-up8.1%8.0%
GradeA (score +1.87)(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)0.10.2

Same-tenor Auction History

3.004.002003-112004-032004-072004-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2004-11-16JGB (20-Year) No. 723.9522.120
2004-10-26JGB (20-Year) No. 723.8522.066
2004-09-16JGB (20-Year) No. 724.2682.087
2004-08-24JGB (20-Year) No. 713.3242.237
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