Official Result (MOF)
| Auction Date | 2016-11-17 |
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| Issue Date | 2016-11-21 |
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| Issue | JGB (20-Year) No. 158（reopen） |
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| Coupon (%) | 0.5% |
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| Maturity | 2036-09-20 |
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| Method | price conventional |
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| Offering | ¥1.1T |
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| Competitive Bids | ¥3.2T |
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| Accepted Amount | ¥999.3B |
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| Lowest Accepted Price | 100.40（0.477%） |
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| Weighted Avg Price | 100.80（0.456%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥100.2B |
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| Non-competitive II | ¥131.8B |
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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158回） |
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| Legal basis | 特別会計に関する法律（平成19年法律第23号）第47条第1項及び第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 | 2016-11-17 12:00 |
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| Payment date | 2016-11-21 |
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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 | 3.17 | 3.49 | 3.45 | 3.07 | 3.87 | -1.32 |
| Tail (sen) | 40 | 7 | 12 | 3 | 29 | +3.81 |
| Non-competitive take-up | 18.8% | 18.5% | |
| Grade | E (score -2.56) | (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) | 2.1 | 0.3 |
Same-tenor Auction History