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auctions / 20Y / 2015-05-26

Official Result (MOF)

Auction Date2015-05-26
Issue Date2015-05-28
IssueJGB (20-Year) No. 152(reopen)
Coupon (%)1.2%
Maturity2035-03-20
Methodprice conventional
Offering¥1.2T
Competitive Bids¥3.2T
Accepted Amount¥1.1T
Lowest Accepted Price99.55(1.228%)
Weighted Avg Price99.65(1.221%)
Allotment Ratio
Non-competitive I¥109.6B
Non-competitive II¥71.1B

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152回)
Legal basis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
Coupon dates毎年3月20日及び9月20日
Planned amount¥1.2T
Bid deadline2015-05-26 12:00
Payment date2015-05-28
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.912.633.382.633.89-1.16
Tail (sen)101111241-0.11
Non-competitive take-up14.2%17.5%
GradeD (score -0.53)(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)0.70.7

Same-tenor Auction History

3.003.502014-052014-092015-012015-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-05-26JGB (20-Year) No. 1522.91101.221
2015-04-16JGB (20-Year) No. 1522.63111.071
2015-03-18JGB (20-Year) No. 1523.42211.199
2015-02-17JGB (20-Year) No. 1513.5121.274
2015-01-22JGB (20-Year) No. 1513.26110.905
2014-12-18JGB (20-Year) No. 1513.7181.145
2014-11-18JGB (20-Year) No. 1502.88411.276
2014-10-21JGB (20-Year) No. 1503.5981.318
2014-09-17JGB (20-Year) No. 1503.8951.435
2014-08-19JGB (20-Year) No. 1493.6221.342
2014-07-23JGB (20-Year) No. 1493.7751.409
2014-06-17JGB (20-Year) No. 1492.7181.459
2014-05-20JGB (20-Year) No. 1483.56111.453