Official Result (MOF)
| Auction Date | 2024-03-14 |
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| Issue Date | 2024-03-15 |
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| Issue | JGB (20-Year) No. 187（reopen） |
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| Coupon (%) | 1.3% |
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| Maturity | 2043-12-20 |
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| Method | price conventional |
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| Offering | ¥1T |
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| Competitive Bids | ¥2.4T |
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| Accepted Amount | ¥804.7B |
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| Lowest Accepted Price | 95.70（1.585%） |
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| Weighted Avg Price | 96.08（1.559%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥194.9B |
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| Non-competitive II | ¥91.5B |
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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187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、第47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 | ¥1T |
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| Bid deadline | 2024-03-14 11:50 |
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| Payment date | 2024-03-15 |
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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 | 3.01 | 3.85 | 3.23 | 2.58 | 3.94 | -0.52 |
| Tail (sen) | 38 | 4 | 33 | 4 | 96 | +0.16 |
| Non-competitive take-up | 26.2% | 24.6% | |
| Grade | D (score -0.34) | (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) | 2.6 | 0.3 |
Same-tenor Auction History