Official Result (MOF)
| Auction Date | 2008-01-24 |
|---|
| Issue Date | 2008-01-30 |
|---|
| Issue | JGB (20-Year) No. 99（reopen） |
|---|
| Coupon (%) | 2.1% |
|---|
| Maturity | 2027-12-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥800B |
|---|
| Competitive Bids | ¥1.9T |
|---|
| Accepted Amount | ¥729.3B |
|---|
| Lowest Accepted Price | 100.30（2.078%） |
|---|
| Weighted Avg Price | 100.43（2.069%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥70B |
|---|
| 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99回） |
|---|
| 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、第47条及び附則第76条第1項 |
|---|
| Coupon dates | 毎年6月20日及び12月20日 |
|---|
| Planned amount | ¥800B |
|---|
| Bid deadline | 2008-01-24 12:00 |
|---|
| Payment date | 2008-01-30 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 2.60 | 4.23 | 3.59 | 2.91 | 4.23 | -2.50 |
| Tail (sen) | 13 | 6 | 11 | 3 | 24 | +0.37 |
| Non-competitive take-up | 8.8% | 8.4% | |
| Grade | E (score -1.43) | (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) | 0.9 | 0.5 |
Same-tenor Auction History