Official Result (MOF)
| Auction Date | 2009-03-17 |
|---|
| Issue Date | 2009-03-23 |
|---|
| Issue | JGB (20-Year) No. 109（new） |
|---|
| Coupon (%) | 1.9% |
|---|
| Maturity | 2029-03-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥900B |
|---|
| Competitive Bids | ¥2.2T |
|---|
| Accepted Amount | ¥830.2B |
|---|
| Lowest Accepted Price | 99.60（1.927%） |
|---|
| Weighted Avg Price | 99.72（1.919%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥71.5B |
|---|
| 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109回） |
|---|
| Legal basis | 財政法（昭和22年法律第34号）第4条第1項及び平成20年度における公債の発行の特例に関する法律（平成20年法律第24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項及び第47条 |
|---|
| Coupon dates | 毎年3月20日及び9月20日 |
|---|
| Planned amount | ¥900B |
|---|
| Bid deadline | 2009-03-17 12:00 |
|---|
| Payment date | 2009-03-23 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 2.69 | 3.12 | 3.31 | 2.36 | 4.29 | -1.16 |
| Tail (sen) | 12 | 4 | 14 | 3 | 55 | -0.15 |
| Non-competitive take-up | 7.9% | 9.4% | |
| Grade | D (score -0.50) | (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) | 0.8 | 0.3 |
Same-tenor Auction History