Official Result (MOF)
| Auction Date | 2018-10-18 |
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| Issue Date | 2018-10-19 |
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| Issue | JGB (20-Year) No. 166（new） |
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| Coupon (%) | 0.7% |
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| Maturity | 2038-09-20 |
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| Method | price conventional |
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| Offering | ¥1T |
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| Competitive Bids | ¥3.4T |
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| Accepted Amount | ¥800.3B |
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| Lowest Accepted Price | 100.25（0.685%） |
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| Weighted Avg Price | 100.29（0.683%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥198.6B |
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| Non-competitive II | ¥75.9B |
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Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 4.23 | 4.03 | 4.26 | 3.69 | 4.66 | -0.11 |
| Tail (sen) | 4 | 6 | 4 | 2 | 10 | -0.10 |
| Non-competitive take-up | 25.5% | 17.1% | |
| Grade | C (score -0.00) | (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 | 0.4 |
Same-tenor Auction History