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auctions / 20Y / 2011-10-20

Official Result (MOF)

Auction Date2011-10-20
Issue Date2011-10-25
IssueJGB (20-Year) No. 130(reopen)
Coupon (%)1.8%
Maturity2031-09-20
Methodprice conventional
Offering¥1.1T
Competitive Bids¥3.6T
Accepted Amount¥999B
Lowest Accepted Price100.60(1.759%)
Weighted Avg Price100.66(1.755%)
Allotment Ratio
Non-competitive I¥99.9B
Non-competitive II¥500M

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130回)
Legal basis平成23年度における公債の発行の特例に関する法律(平成23年法律第106号)第2条第1項及び特別会計に関する法律(平成19年法律第23号)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 deadline2011-10-20 12:00
Payment date2011-10-25
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.573.393.372.454.46+0.29
Tail (sen)61012226-0.87
Non-competitive take-up9.1%20.4%
GradeB (score +0.58)(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)0.40.7

Same-tenor Auction History

3.004.002010-102011-022011-062011-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-10-20JGB (20-Year) No. 1303.5761.755
2011-09-13JGB (20-Year) No. 1303.39101.749
2011-08-25JGB (20-Year) No. 1293.1271.857
2011-07-21JGB (20-Year) No. 1282.9881.856
2011-06-15JGB (20-Year) No. 1282.45201.920
2011-05-26JGB (20-Year) No. 1273.89101.910
2011-04-21JGB (20-Year) No. 1262.92102.028
2011-03-16JGB (20-Year) No. 1254.13222.130
2011-02-22JGB (20-Year) No. 1242.64142.050
2011-01-20JGB (20-Year) No. 1234.4622.045
2010-12-14JGB (20-Year) No. 1233.52122.073
2010-11-18JGB (20-Year) No. 1212.54261.902
2010-10-21JGB (20-Year) No. 1224.4141.770