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auctions / 30Y / 2009-03-05

Official Result (MOF)

Auction Date2009-03-05
Issue Date2009-03-10
IssueJGB (30-Year) No. 29(reopen)
Coupon (%)2.4%
Maturity2038-09-20
Methodprice conventional
Offering¥500B
Competitive Bids¥1.1T
Accepted Amount¥459B
Lowest Accepted Price108.30(1.956%)
Weighted Avg Price108.61(1.941%)
Allotment Ratio
Non-competitive I¥40.4B
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(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¥500B
Bid deadline2009-03-05 12:00
Payment date2009-03-10
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.503.293.352.484.26-1.67
Tail (sen)311311420+4.40
Non-competitive take-up8.1%17.7%
GradeE (score -3.03)(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)1.50.6

Same-tenor Auction History

3.004.002006-042007-042008-042009-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-03-05JGB (30-Year) No. 292.50311.941
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