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auctions / 30Y / 2009-10-08

Official Result (MOF)

Auction Date2009-10-08
Issue Date2009-10-14
IssueJGB (30-Year) No. 31(new)
Coupon (%)2.2%
Maturity2039-09-20
Methodprice conventional
Offering¥600B
Competitive Bids¥1.8T
Accepted Amount¥551.5B
Lowest Accepted Price101.10(2.139%)
Weighted Avg Price101.14(2.137%)
Allotment Ratio
Non-competitive I¥48B
Non-competitive II¥53.9B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name
Legal basis
Coupon dates
Planned amount
Bid deadline
Payment date
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.273.273.532.504.26-0.58
Tail (sen)4712431-1.11
Non-competitive take-up15.6%17.5%
GradeC (score +0.27)(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)0.20.4

Same-tenor Auction History

3.004.002007-042008-042009-032009-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2009-10-08JGB (30-Year) No. 313.2742.137
2009-08-06JGB (30-Year) No. 303.2772.315
2009-06-09JGB (30-Year) No. 303.87122.265
2009-04-14JGB (30-Year) No. 303.8282.264
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