Official Result (MOF)
| Auction Date | 2010-02-23 |
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| Issue Date | 2010-02-26 |
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| Issue | JGB (20-Year) No. 115(new) |
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| Coupon (%) | 2.2% |
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| Maturity | 2029-12-20 |
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| Method | price conventional |
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| Offering | ¥1.1T |
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| Competitive Bids | ¥2.9T |
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| Accepted Amount | ¥1T |
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| Lowest Accepted Price | 100.85(2.138%) |
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| Weighted Avg Price | 100.90(2.135%) |
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| Allotment Ratio | — |
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| Non-competitive I | ¥94.1B |
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| Non-competitive II | ¥0M |
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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115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 |
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| Coupon dates | 毎年6月20日及び12月20日 |
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| Planned amount | ¥1.1T |
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| Bid deadline | 2010-02-23 12:00 |
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| Payment date | 2010-02-26 |
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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 | 2.90 | 3.02 | 3.03 | 2.35 | 3.60 | -0.36 |
| Tail (sen) | 5 | 8 | 12 | 3 | 42 | -0.65 |
| Non-competitive take-up | 8.6% | 11.8% | |
| Grade | C (score +0.15) | (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) | 0.3 | 0.6 |
Same-tenor Auction History