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auctions / 20Y / 2007-04-24

Official Result (MOF)

Auction Date2007-04-24
Issue Date2007-04-27
IssueJGB (20-Year) No. 94(new)
Coupon (%)2.1%
Maturity2027-03-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.7T
Accepted Amount¥734.3B
Lowest Accepted Price99.85(2.110%)
Weighted Avg Price100.03(2.097%)
Allotment Ratio
Non-competitive I¥65.5B
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94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19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19年法律第25号)第2条第1項並びに特別会計に関する法律(平成19年法律第23号)第46条第1項及び附則第76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/Cover3.632.913.002.174.17+1.06
Tail (sen)181910323+1.11
Non-competitive take-up8.2%8.1%
GradeC (score -0.02)(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)1.31.3

Same-tenor Auction History

3.004.002006-042006-082006-122007-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-04-24JGB (20-Year) No. 943.63182.097
2007-03-15JGB (20-Year) No. 932.91192.050
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