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auctions / 30Y / 2011-03-08

Official Result (MOF)

Auction Date2011-03-08
Issue Date2011-03-22
IssueJGB (30-Year) No. 34(new)
Coupon (%)2.2%
Maturity2041-03-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2T
Accepted Amount¥545.4B
Lowest Accepted Price100.15(2.191%)
Weighted Avg Price100.28(2.184%)
Allotment Ratio
Non-competitive I¥53.9B
Non-competitive II¥73B

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

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.585.773.842.255.77-0.28
Tail (sen)13620441-0.49
Non-competitive take-up18.9%20.1%
GradeC (score +0.10)(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)0.70.4

Same-tenor Auction History

4.002009-082010-032010-092011-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-03-08JGB (30-Year) No. 343.58132.184
2011-01-13JGB (30-Year) No. 335.7762.156
2010-12-07JGB (30-Year) No. 332.95262.185
2010-10-14JGB (30-Year) No. 335.40101.976
2010-09-08JGB (30-Year) No. 334.15411.991
2010-07-08JGB (30-Year) No. 324.06361.951
2010-06-08JGB (30-Year) No. 322.25332.039
2010-04-13JGB (30-Year) No. 323.73252.202
2010-03-09JGB (30-Year) No. 323.8582.301
2010-02-09JGB (30-Year) No. 313.8752.305
2009-12-08JGB (30-Year) No. 313.53342.208
2009-10-08JGB (30-Year) No. 313.2742.137
2009-08-06JGB (30-Year) No. 303.2772.315