overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 20Y / 2015-08-18

Official Result (MOF)

Auction Date2015-08-18
Issue Date2015-08-20
IssueJGB (20-Year) No. 153(reopen)
Coupon (%)1.3%
Maturity2035-06-20
Methodprice conventional
Offering¥1.2T
Competitive Bids¥3.3T
Accepted Amount¥1.1T
Lowest Accepted Price102.45(1.148%)
Weighted Avg Price102.52(1.144%)
Allotment Ratio
Non-competitive I¥107.6B
Non-competitive II¥129.5B

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153回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥1.2T
Bid deadline2015-08-18 12:00
Payment date2015-08-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.993.093.262.563.89-0.64
Tail (sen)7511241-0.42
Non-competitive take-up17.8%20.0%
GradeC (score -0.11)(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)0.40.3

Same-tenor Auction History

2.503.003.502014-082014-122015-042015-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-08-18JGB (20-Year) No. 1532.9971.144
2015-07-22JGB (20-Year) No. 1533.0951.185
2015-06-11JGB (20-Year) No. 1532.56111.293
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