Official Result (MOF)
| Auction Date | 2007-12-18 |
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| Issue Date | 2007-12-25 |
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| Issue | JGB (20-Year) No. 99（new） |
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| Coupon (%) | 2.1% |
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| Maturity | 2027-12-20 |
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| Method | price conventional |
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| Offering | ¥800B |
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| Competitive Bids | ¥3.1T |
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| Accepted Amount | ¥731.9B |
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| Lowest Accepted Price | 99.30（2.150%） |
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| Weighted Avg Price | 99.36（2.145%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥67.2B |
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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99回） |
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| 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、第47条及び附則第76条第1項 |
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| Coupon dates | 毎年6月20日及び12月20日 |
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| Planned amount | ¥800B |
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| Bid deadline | 2007-12-18 12:00 |
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| Payment date | 2007-12-25 |
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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 | 4.23 | 3.65 | 3.56 | 2.91 | 4.10 | +1.85 |
| Tail (sen) | 6 | 3 | 10 | 3 | 24 | -0.67 |
| Non-competitive take-up | 8.4% | 16.6% | |
| Grade | A (score +1.26) | (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) | 0.5 | 0.2 |
Same-tenor Auction History