Official Result (MOF)
| Auction Date | 2008-10-28 |
|---|
| Issue Date | 2008-10-31 |
|---|
| Issue | JGB (20-Year) No. 106（new） |
|---|
| Coupon (%) | 2.2% |
|---|
| Maturity | 2028-09-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥800B |
|---|
| Competitive Bids | ¥2.6T |
|---|
| Accepted Amount | ¥736.3B |
|---|
| Lowest Accepted Price | 100.35（2.174%） |
|---|
| Weighted Avg Price | 100.43（2.169%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥62.6B |
|---|
| Non-competitive II | ¥74.2B |
|---|
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106回） |
|---|
| Legal basis | 財政法（昭和22年法律第34号）第4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項及び第62条第1項 |
|---|
| Coupon dates | 毎年3月20日及び9月20日 |
|---|
| Planned amount | ¥800B |
|---|
| Bid deadline | 2008-10-28 12:00 |
|---|
| Payment date | 2008-10-31 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 3.52 | 2.36 | 3.57 | 2.36 | 4.29 | -0.09 |
| Tail (sen) | 8 | 55 | 13 | 3 | 55 | -0.32 |
| Non-competitive take-up | 15.7% | 14.6% | |
| Grade | C (score +0.11) | (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 | 4.0 |
Same-tenor Auction History