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auctions / 20Y / 2007-07-26

Official Result (MOF)

Auction Date2007-07-26
Issue Date2007-07-31
IssueJGB (20-Year) No. 95(reopen)
Coupon (%)2.3%
Maturity2027-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.6T
Accepted Amount¥729.1B
Lowest Accepted Price100.05(2.296%)
Weighted Avg Price100.09(2.293%)
Allotment Ratio
Non-competitive I¥69.9B
Non-competitive II¥72.7B

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95回)
Legal basis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/Cover3.633.893.352.174.17+0.47
Tail (sen)41010323-0.93
Non-competitive take-up16.4%8.9%
GradeB (score +0.70)(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)0.30.7

Same-tenor Auction History

3.004.002006-072006-112007-032007-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-07-26JGB (20-Year) No. 953.6342.293
2007-06-21JGB (20-Year) No. 953.89102.289
2007-05-24JGB (20-Year) No. 944.1082.130
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