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auctions / 20Y / 2006-08-24

Official Result (MOF)

Auction Date2006-08-24
Issue Date2006-08-30
IssueJGB (20-Year) No. 89(new)
Coupon (%)2.2%
Maturity2026-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥1.6T
Accepted Amount¥730.2B
Lowest Accepted Price99.85(2.210%)
Weighted Avg Price100.08(2.194%)
Allotment Ratio
Non-competitive I¥69.5B
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89回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び平成18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18年法律第11号)第2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 IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.172.752.702.173.27-1.51
Tail (sen)23310235+1.40
Non-competitive take-up8.7%11.3%
GradeE (score -1.46)(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)1.60.2

Same-tenor Auction History

2.503.002005-082005-122006-042006-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2006-08-24JGB (20-Year) No. 892.17232.194
2006-07-25JGB (20-Year) No. 882.7532.283
2006-06-20JGB (20-Year) No. 882.73192.249
2006-05-25JGB (20-Year) No. 872.5262.173
2006-04-25JGB (20-Year) No. 862.17102.238
2006-03-16JGB (20-Year) No. 852.73352.075
2006-02-21JGB (20-Year) No. 843.1131.959
2006-01-26JGB (20-Year) No. 843.1051.996
2005-12-13JGB (20-Year) No. 833.0222.119
2005-11-22JGB (20-Year) No. 822.1862.049
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