Official Result (MOF)
| Auction Date | 2012-03-15 |
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| Issue Date | 2012-03-21 |
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| Issue | JGB (20-Year) No. 134（new） |
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| Coupon (%) | 1.8% |
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| Maturity | 2032-03-20 |
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| Method | price conventional |
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| Offering | ¥1.1T |
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| Competitive Bids | ¥3.3T |
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| Accepted Amount | ¥999.7B |
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| Lowest Accepted Price | 99.95（1.803%） |
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| Weighted Avg Price | 100.07（1.795%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥99.5B |
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| Non-competitive II | ¥27.1B |
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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134回） |
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| Legal basis | 財政法（昭和22年法律第34号）第4条第1項及び平成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、第47条及び第62条第1項 |
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| Coupon dates | 毎年3月20日及び9月20日 |
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| Planned amount | ¥1.1T |
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| Bid deadline | 2012-03-15 12:00 |
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| Payment date | 2012-03-21 |
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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 | 3.26 | 2.79 | 3.15 | 2.45 | 4.13 | +0.22 |
| Tail (sen) | 12 | 5 | 11 | 2 | 27 | +0.08 |
| Non-competitive take-up | 11.2% | 8.8% | |
| Grade | C (score +0.07) | (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) | 0.8 | 0.4 |
Same-tenor Auction History