Official Result (MOF)
| Auction Date | 2018-02-22 |
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| Issue Date | 2018-02-26 |
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| Issue | JGB (20-Year) No. 163（reopen） |
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| Coupon (%) | 0.6% |
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| Maturity | 2037-12-20 |
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| Method | price conventional |
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| Offering | ¥1T |
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| Competitive Bids | ¥3.6T |
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| Accepted Amount | ¥809B |
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| Lowest Accepted Price | 100.65（0.563%） |
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| Weighted Avg Price | 100.68（0.561%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥189.8B |
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| Non-competitive II | ¥147.1B |
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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163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47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 | ¥1T |
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| Bid deadline | 2018-02-22 12:00 |
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| Payment date | 2018-02-26 |
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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 | 4.44 | 4.17 | 4.12 | 3.78 | 4.56 | +1.47 |
| Tail (sen) | 3 | 4 | 5 | 2 | 11 | -0.90 |
| Non-competitive take-up | 29.4% | 24.8% | |
| Grade | A (score +1.18) | (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) | 0.2 | 0.2 |
Same-tenor Auction History