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auctions / 20Y / 2005-08-23

Official Result (MOF)

Auction Date2005-08-23
Issue Date2005-08-30
IssueJGB (20-Year) No. 80(new)
Coupon (%)2.1%
Maturity2025-06-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.1T
Accepted Amount¥646.9B
Lowest Accepted Price99.70(2.121%)
Weighted Avg Price99.73(2.119%)
Allotment Ratio
Non-competitive I¥52.1B
Non-competitive II¥64.2B

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80回)
Legal basis財政法(昭和22年法律第34号)第4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6月20日及び12月20日
Planned amount
Bid deadline
Payment date
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.272.783.932.784.53-1.38
Tail (sen)365212-0.69
Non-competitive take-up15.2%7.2%
GradeD (score -0.34)(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)0.20.5

Same-tenor Auction History

3.004.002004-082004-122005-042005-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2005-08-23JGB (20-Year) No. 803.2732.119
2005-07-26JGB (20-Year) No. 792.7861.960
2005-06-16JGB (20-Year) No. 783.7791.938
2005-05-24JGB (20-Year) No. 774.53121.932
2005-04-21JGB (20-Year) No. 764.3521.902
2005-03-17JGB (20-Year) No. 754.1622.063
2005-02-22JGB (20-Year) No. 744.0872.063
2005-01-20JGB (20-Year) No. 734.4821.988
2004-12-14JGB (20-Year) No. 733.6971.981
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