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auctions / 20Y / 2009-11-19

Official Result (MOF)

Auction Date2009-11-19
Issue Date2009-11-25
IssueJGB (20-Year) No. 113(reopen)
Coupon (%)2.1%
Maturity2029-09-20
Methodprice conventional
Offering¥1.1T
Competitive Bids¥3.1T
Accepted Amount¥1T
Lowest Accepted Price100.50(2.064%)
Weighted Avg Price100.58(2.058%)
Allotment Ratio
Non-competitive I¥93.7B
Non-competitive II¥159.5B

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113回)
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項及び第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥1.1T
Bid deadline2009-11-19 12:00
Payment date2009-11-25
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.113.023.042.603.60+0.22
Tail (sen)81810322-0.34
Non-competitive take-up20.1%8.0%
GradeC (score +0.28)(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)0.61.3

Same-tenor Auction History

3.003.502008-112009-032009-072009-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-11-19JGB (20-Year) No. 1133.1182.058
2009-10-20JGB (20-Year) No. 1133.02182.094
2009-09-15JGB (20-Year) No. 1133.03122.038
2009-08-25JGB (20-Year) No. 1123.4232.094
2009-07-22JGB (20-Year) No. 1122.9092.107
2009-06-17JGB (20-Year) No. 1113.6082.123
2009-05-26JGB (20-Year) No. 1103.5242.111
2009-04-21JGB (20-Year) No. 1102.60102.092
2009-03-17JGB (20-Year) No. 1092.69121.919
2009-02-24JGB (20-Year) No. 1083.1241.893
2009-01-27JGB (20-Year) No. 1082.8851.910
2008-12-16JGB (20-Year) No. 1072.62222.066
2008-11-20JGB (20-Year) No. 1053.10122.138