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auctions / 30Y / 2012-07-10

Official Result (MOF)

Auction Date2012-07-10
Issue Date2012-07-12
IssueJGB (30-Year) No. 36(reopen)
Coupon (%)2%
Maturity2042-03-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.6T
Accepted Amount¥637.8B
Lowest Accepted Price102.80(1.853%)
Weighted Avg Price102.90(1.848%)
Allotment Ratio
Non-competitive I¥60.9B
Non-competitive II¥101.3B

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36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 deadline2012-07-10 12:00
Payment date2012-07-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.093.163.693.005.77+0.57
Tail (sen)101411524-0.19
Non-competitive take-up20.3%14.2%
GradeB (score +0.38)(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)0.50.7

Same-tenor Auction History

3.004.005.002011-012011-072012-012012-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-07-10JGB (30-Year) No. 364.09101.848
2012-06-07JGB (30-Year) No. 363.16141.864
2012-04-12JGB (30-Year) No. 364.13101.913
2012-03-06JGB (30-Year) No. 363.9771.964
2012-01-17JGB (30-Year) No. 353.5251.915
2011-12-08JGB (30-Year) No. 353.0091.963
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