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auctions / 30Y / 2009-01-20

Official Result (MOF)

Auction Date2009-01-20
Issue Date2009-01-23
IssueJGB (30-Year) No. 29(reopen)
Coupon (%)2.4%
Maturity2038-09-20
Methodprice conventional
Offering¥600B
Competitive Bids¥1.8T
Accepted Amount¥547.7B
Lowest Accepted Price109.85(1.882%)
Weighted Avg Price109.98(1.876%)
Allotment Ratio
Non-competitive I¥51.8B
Non-competitive II¥66.1B

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(30年)(第29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項及び第47条
Coupon dates毎年3月20日及び9月20日
Planned amount¥600B
Bid deadline2009-01-20 12:00
Payment date2009-01-23
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.293.183.382.484.26-0.18
Tail (sen)131210420+0.59
Non-competitive take-up17.7%16.0%
GradeD (score -0.38)(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)0.60.7

Same-tenor Auction History

3.004.002006-012007-012008-012009-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-01-20JGB (30-Year) No. 293.29131.876
2008-10-21JGB (30-Year) No. 293.18122.430
2008-07-17JGB (30-Year) No. 283.46112.444
2008-04-15JGB (30-Year) No. 283.92112.450
2008-01-18JGB (30-Year) No. 273.8272.303
2007-10-16JGB (30-Year) No. 273.7742.488
2007-07-18JGB (30-Year) No. 263.20202.578
2007-04-17JGB (30-Year) No. 264.2662.351
2007-01-18JGB (30-Year) No. 253.302.380
2006-10-17JGB (30-Year) No. 242.972.515
2006-07-13JGB (30-Year) No. 232.482.560
2006-04-18JGB (30-Year) No. 222.562.590
2006-01-19JGB (30-Year) No. 213.662.330