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auctions / 20Y / 2007-08-28

Official Result (MOF)

Auction Date2007-08-28
Issue Date2007-08-31
IssueJGB (20-Year) No. 96(new)
Coupon (%)2.1%
Maturity2027-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.5T
Accepted Amount¥734B
Lowest Accepted Price99.30(2.150%)
Weighted Avg Price99.54(2.133%)
Allotment Ratio
Non-competitive I¥64.9B
Non-competitive II¥32.8B

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96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/Cover3.393.633.432.174.17-0.06
Tail (sen)24410323+2.02
Non-competitive take-up11.7%16.4%
GradeE (score -1.04)(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)1.70.3

Same-tenor Auction History

3.004.002006-082006-122007-042007-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-08-28JGB (20-Year) No. 963.39242.133
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