Official Result (MOF)
| Auction Date | 2022-04-14 |
|---|
| Issue Date | 2022-04-15 |
|---|
| Issue | JGB (20-Year) No. 180（new） |
|---|
| Coupon (%) | 0.8% |
|---|
| Maturity | 2042-03-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1.2T |
|---|
| Competitive Bids | ¥3T |
|---|
| Accepted Amount | ¥974.4B |
|---|
| Lowest Accepted Price | 101.00（0.742%） |
|---|
| Weighted Avg Price | 101.31（0.724%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥225.2B |
|---|
| Non-competitive II | ¥0M |
|---|
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180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 |
|---|
| Coupon dates | 毎年3月20日及び9月20日 |
|---|
| Planned amount | ¥1.2T |
|---|
| Bid deadline | 2022-04-14 11:50 |
|---|
| Payment date | 2022-04-15 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 3.10 | 2.93 | 3.37 | 2.69 | 3.78 | -0.87 |
| Tail (sen) | 31 | 7 | 6 | 2 | 10 | +13.26 |
| Non-competitive take-up | 18.8% | 25.0% | |
| Grade | E (score -7.07) | (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) | 1.8 | 0.4 |
Same-tenor Auction History