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auctions / 20Y / 2024-12-17

Official Result (MOF)

Auction Date2024-12-17
Issue Date2024-12-18
IssueJGB (20-Year) No. 190(reopen)
Coupon (%)1.8%
Maturity2044-09-20
Methodprice conventional
Offering¥1T
Competitive Bids¥2.6T
Accepted Amount¥755.5B
Lowest Accepted Price98.80(1.883%)
Weighted Avg Price98.85(1.879%)
Allotment Ratio
Non-competitive I¥243.3B
Non-competitive II¥50.3B

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190回)
Legal basis特別会計に関する法律(平成19年法律第23号)第47条第1項及び第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥1T
Bid deadline2024-12-17 11:50
Payment date2024-12-18
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.383.523.322.583.85+0.17
Tail (sen)51324482-0.92
Non-competitive take-up28.0%29.9%
GradeB (score +0.55)(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)0.40.9

Same-tenor Auction History

3.003.502023-122024-042024-082024-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-12-17JGB (20-Year) No. 1903.3851.879
2024-11-21JGB (20-Year) No. 1903.52131.898
2024-10-24JGB (20-Year) No. 1903.04291.800
2024-09-12JGB (20-Year) No. 1893.47201.690
2024-08-20JGB (20-Year) No. 1893.42171.706
2024-07-11JGB (20-Year) No. 1893.8051.913
2024-06-25JGB (20-Year) No. 1883.2771.843
2024-05-16JGB (20-Year) No. 1883.65111.734
2024-04-11JGB (20-Year) No. 1883.05391.630
2024-03-14JGB (20-Year) No. 1873.01381.559
2024-02-20JGB (20-Year) No. 1873.8541.510
2024-01-18JGB (20-Year) No. 1873.13241.383
2023-12-14JGB (20-Year) No. 1862.58821.414