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auctions / 20Y / 2010-05-20

Official Result (MOF)

Auction Date2010-05-20
Issue Date2010-05-25
IssueJGB (20-Year) No. 117(reopen)
Coupon (%)2.1%
Maturity2030-03-20
Methodprice conventional
Offering¥1.1T
Competitive Bids¥3.9T
Accepted Amount¥1T
Lowest Accepted Price100.35(2.075%)
Weighted Avg Price100.35(2.075%)
Allotment Ratio
Non-competitive I¥96.5B
Non-competitive II¥162.4B

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117回)
Legal basis平成22年度における財政運営のための公債の発行の特例等に関する法律(平成22年法律第7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62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥1.1T
Bid deadline2010-05-20 12:00
Payment date2010-05-25
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.934.023.202.354.02+1.75
Tail (sen)0311342-1.03
Non-competitive take-up20.5%19.8%
GradeA (score +1.39)(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)0.00.2

Same-tenor Auction History

3.004.002009-052009-092010-012010-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2010-05-20JGB (20-Year) No. 1173.9302.075
2010-04-22JGB (20-Year) No. 1174.0232.115
2010-03-16JGB (20-Year) No. 1163.4972.159
2010-02-23JGB (20-Year) No. 1152.9052.135
2010-01-21JGB (20-Year) No. 1143.0282.137
2009-12-15JGB (20-Year) No. 1142.35422.105
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