Official Result (MOF)
| Auction Date | 2022-09-15 |
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| Issue Date | 2022-09-16 |
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| Issue | JGB (20-Year) No. 181（reopen） |
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| Coupon (%) | 0.9% |
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| Maturity | 2042-06-20 |
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| Method | price conventional |
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| Offering | ¥1.2T |
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| Competitive Bids | ¥2.5T |
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| Accepted Amount | ¥984.7B |
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| Lowest Accepted Price | 99.25（0.945%） |
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| Weighted Avg Price | 100.09（0.894%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥215.1B |
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| Non-competitive II | ¥0M |
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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181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46条第1項及び第62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 | ¥1.2T |
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| Bid deadline | 2022-09-15 11:50 |
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| Payment date | 2022-09-16 |
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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 | 2.51 | 3.28 | 3.33 | 2.69 | 3.78 | -2.55 |
| Tail (sen) | 84 | 5 | 9 | 4 | 31 | +10.55 |
| Non-competitive take-up | 17.9% | 19.7% | |
| Grade | E (score -6.55) | (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) | 5.1 | 0.3 |
Same-tenor Auction History