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auctions / 20Y / 2007-02-22

Official Result (MOF)

Auction Date2007-02-22
Issue Date2007-02-28
IssueJGB (20-Year) No. 92(reopen)
Coupon (%)2.1%
Maturity2026-12-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.3T
Accepted Amount¥726.4B
Lowest Accepted Price99.85(2.110%)
Weighted Avg Price99.94(2.104%)
Allotment Ratio
Non-competitive I¥72.9B
Non-competitive II¥59.2B

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92回)
Legal basis財政法(昭和22年法律第34号)第4条第1項、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/Cover3.152.972.982.174.17+0.28
Tail (sen)9711335-0.21
Non-competitive take-up15.4%13.7%
GradeC (score +0.24)(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

3.004.002006-022006-062006-102007-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-02-22JGB (20-Year) No. 923.1592.104
2007-01-25JGB (20-Year) No. 922.9772.134
2006-12-19JGB (20-Year) No. 923.9232.094
2006-11-21JGB (20-Year) No. 903.4542.186
2006-10-24JGB (20-Year) No. 914.1732.283
2006-09-21JGB (20-Year) No. 903.13172.209
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