Official Result (MOF)
| Auction Date | 2012-07-26 |
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| Issue Date | 2012-07-30 |
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| Issue | JGB (20-Year) No. 138（new） |
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| Coupon (%) | 1.5% |
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| Maturity | 2032-06-20 |
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| Method | price conventional |
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| Offering | ¥1.2T |
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| Competitive Bids | ¥3.6T |
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| Accepted Amount | ¥1.1T |
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| Lowest Accepted Price | 99.15（1.555%） |
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| Weighted Avg Price | 99.20（1.552%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥104.7B |
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| Non-competitive II | ¥175.2B |
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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138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 |
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| Coupon dates | 毎年6月20日及び12月20日 |
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| Planned amount | ¥1.2T |
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| Bid deadline | 2012-07-26 12:00 |
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| Payment date | 2012-07-30 |
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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 | 3.32 | 2.50 | 3.10 | 2.48 | 3.73 | +0.59 |
| Tail (sen) | 5 | 14 | 11 | 2 | 27 | -0.87 |
| Non-competitive take-up | 20.4% | 13.2% | |
| Grade | B (score +0.73) | (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) | 0.3 | 1.0 |
Same-tenor Auction History