Official Result (MOF)
| Auction Date | 2007-09-20 |
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| Issue Date | 2007-09-28 |
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| Issue | JGB (20-Year) No. 97（new） |
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| Coupon (%) | 2.2% |
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| Maturity | 2027-09-20 |
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| Method | price conventional |
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| Offering | ¥800B |
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| Competitive Bids | ¥2.7T |
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| Accepted Amount | ¥729.6B |
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| Lowest Accepted Price | 100.45（2.167%） |
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| Weighted Avg Price | 100.59（2.157%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥69.2B |
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| Non-competitive II | ¥0M |
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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９７回） |
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| Legal basis | 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 |
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| Coupon dates | 毎年３月２０日及び９月２０日 |
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| Planned amount | — |
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| Bid deadline | — |
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| Payment date | — |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 3.75 | 3.39 | 3.53 | 2.91 | 4.17 | +0.54 |
| Tail (sen) | 14 | 24 | 11 | 3 | 24 | +0.51 |
| Non-competitive take-up | 8.7% | 11.7% | |
| Grade | C (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) | 1.0 | 1.7 |
Same-tenor Auction History