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auctions / 30Y / 2011-10-13

Official Result (MOF)

Auction Date2011-10-13
Issue Date2011-10-18
IssueJGB (30-Year) No. 35(reopen)
Coupon (%)2%
Maturity2041-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.1T
Accepted Amount¥638B
Lowest Accepted Price101.05(1.944%)
Weighted Avg Price101.16(1.938%)
Allotment Ratio
Non-competitive I¥61.4B
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 deadline2011-10-13 12:00
Payment date2011-10-18
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.273.553.812.255.77-0.58
Tail (sen)11821641-0.83
Non-competitive take-up8.8%20.3%
GradeC (score +0.13)(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)0.60.4

Same-tenor Auction History

4.002010-042010-102011-042011-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-10-13JGB (30-Year) No. 353.27111.938
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