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auctions / 20Y / 2005-10-25

Official Result (MOF)

Auction Date2005-10-25
Issue Date2005-10-31
IssueJGB (20-Year) No. 82(new)
Coupon (%)2.1%
Maturity2025-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥1.6T
Accepted Amount¥640B
Lowest Accepted Price100.25(2.082%)
Weighted Avg Price100.32(2.077%)
Allotment Ratio
Non-competitive I¥58.8B
Non-competitive II¥0M

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82回)
Legal basis平成17年度における財政運営のための公債の発行の特例等に関する法律(平成17年法律第19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3月20日及び9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/Cover2.492.373.772.374.53-2.01
Tail (sen)7196219+0.18
Non-competitive take-up8.4%7.0%
GradeE (score -1.09)(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)0.51.3

Same-tenor Auction History

3.004.002004-102005-022005-062005-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2005-10-25JGB (20-Year) No. 822.4972.077
2005-09-22JGB (20-Year) No. 812.37192.004
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