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auctions / 30Y / 2011-09-06

Official Result (MOF)

Auction Date2011-09-06
Issue Date2011-09-20
IssueJGB (30-Year) No. 35(new)
Coupon (%)2%
Maturity2041-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.3T
Accepted Amount¥640.3B
Lowest Accepted Price99.75(2.013%)
Weighted Avg Price99.83(2.009%)
Allotment Ratio
Non-competitive I¥58.9B
Non-competitive II¥103.7B

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35回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び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
Coupon dates毎年3月20日及び9月20日
Planned amount¥700B
Bid deadline2011-09-06 12:00
Payment date2011-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.553.753.842.255.77-0.30
Tail (sen)81321641-1.10
Non-competitive take-up20.3%8.4%
GradeB (score +0.40)(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)0.40.7

Same-tenor Auction History

4.002010-032010-092011-032011-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-09-06JGB (30-Year) No. 353.5582.009
2011-07-07JGB (30-Year) No. 343.75132.094
2011-06-07JGB (30-Year) No. 343.16242.038
2011-04-12JGB (30-Year) No. 343.39112.241
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