Official Result (MOF)
| Auction Date | 2009-04-21 |
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| Issue Date | 2009-04-24 |
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| Issue | JGB (20-Year) No. 110（new） |
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| Coupon (%) | 2.1% |
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| Maturity | 2029-03-20 |
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| Method | price conventional |
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| Offering | ¥900B |
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| Competitive Bids | ¥2.1T |
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| Accepted Amount | ¥820.4B |
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| Lowest Accepted Price | 100.00（2.100%） |
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| Weighted Avg Price | 100.10（2.092%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥78.7B |
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| Non-competitive II | ¥32.2B |
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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110回） |
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| Legal basis | 財政法（昭和22年法律第34号）第4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 | ¥900B |
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| Bid deadline | 2009-04-21 12:00 |
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| Payment date | 2009-04-24 |
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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 | 2.60 | 2.69 | 3.28 | 2.36 | 4.29 | -1.22 |
| Tail (sen) | 10 | 12 | 14 | 3 | 55 | -0.29 |
| Non-competitive take-up | 11.9% | 7.9% | |
| Grade | D (score -0.46) | (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 | 0.8 |
Same-tenor Auction History