overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 20Y / 2017-10-17

Official Result (MOF)

Auction Date2017-10-17
Issue Date2017-10-19
IssueJGB (20-Year) No. 162(reopen)
Coupon (%)0.6%
Maturity2037-09-20
Methodprice conventional
Offering¥1T
Competitive Bids¥3.2T
Accepted Amount¥800.1B
Lowest Accepted Price100.15(0.591%)
Weighted Avg Price100.17(0.590%)
Allotment Ratio
Non-competitive I¥198.9B
Non-competitive II¥85.2B

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162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項及び第47条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥1T
Bid deadline2017-10-17 12:00
Payment date2017-10-19
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.054.153.843.174.51+0.57
Tail (sen)2611340-0.88
Non-competitive take-up26.2%25.3%
GradeB (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)0.10.3

Same-tenor Auction History

3.504.004.502016-102017-022017-062017-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2017-10-17JGB (20-Year) No. 1624.0520.590
2017-09-14JGB (20-Year) No. 1624.1560.560
2017-08-22JGB (20-Year) No. 1614.5130.550
2017-07-13JGB (20-Year) No. 1614.1980.606
2017-06-13JGB (20-Year) No. 1613.9850.583
2017-05-18JGB (20-Year) No. 1603.8490.560
2017-04-20JGB (20-Year) No. 1604.0670.562
2017-03-14JGB (20-Year) No. 1603.78110.673
2017-02-23JGB (20-Year) No. 1594.0540.669
2017-01-17JGB (20-Year) No. 1593.5480.589
2016-12-15JGB (20-Year) No. 1593.35190.645
2016-11-17JGB (20-Year) No. 1583.17400.456
2016-10-25JGB (20-Year) No. 1583.4970.364