Official Result (MOF)
| Auction Date | 2011-03-16 |
|---|
| Issue Date | 2011-03-22 |
|---|
| Issue | JGB (20-Year) No. 125（new） |
|---|
| Coupon (%) | 2.2% |
|---|
| Maturity | 2031-03-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1.1T |
|---|
| Competitive Bids | ¥4.2T |
|---|
| Accepted Amount | ¥1T |
|---|
| Lowest Accepted Price | 100.75（2.146%） |
|---|
| Weighted Avg Price | 100.97（2.130%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥91.6B |
|---|
| Non-competitive II | ¥155.9B |
|---|
Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 4.13 | 2.64 | 3.79 | 2.54 | 4.60 | +0.45 |
| Tail (sen) | 22 | 14 | 9 | 0 | 26 | +1.75 |
| Non-competitive take-up | 19.7% | 19.2% | |
| Grade | D (score -0.65) | (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) | 1.6 | 1.0 |
Same-tenor Auction History