Official Result (MOF)
| Auction Date | 2010-03-16 |
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| Issue Date | 2010-03-23 |
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| Issue | JGB (20-Year) No. 116（new） |
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| Coupon (%) | 2.2% |
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| Maturity | 2030-03-20 |
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| Method | price conventional |
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| Offering | ¥1.1T |
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| Competitive Bids | ¥3.5T |
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| Accepted Amount | ¥1T |
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| Lowest Accepted Price | 100.50（2.164%） |
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| Weighted Avg Price | 100.57（2.159%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥91.9B |
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| Non-competitive II | ¥65.4B |
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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 | — |
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| Legal basis | — |
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| Coupon dates | — |
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| Planned amount | — |
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| Bid deadline | — |
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| Payment date | — |
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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 | 3.49 | 2.90 | 3.01 | 2.35 | 3.60 | +1.35 |
| Tail (sen) | 7 | 5 | 12 | 3 | 42 | -0.46 |
| Non-competitive take-up | 13.5% | 8.6% | |
| Grade | B (score +0.90) | (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 | 0.3 |
Same-tenor Auction History