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auctions / 30Y / 2012-09-06

Official Result (MOF)

Auction Date2012-09-06
Issue Date2012-09-20
IssueJGB (30-Year) No. 37(new)
Coupon (%)1.9%
Maturity2042-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.9T
Accepted Amount¥639.4B
Lowest Accepted Price99.85(1.907%)
Weighted Avg Price99.95(1.902%)
Allotment Ratio
Non-competitive I¥60B
Non-competitive II¥46.7B

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37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 deadline2012-09-06 12:00
Payment date2012-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.464.093.553.004.13+2.54
Tail (sen)101011524-0.27
Non-competitive take-up14.3%20.3%
GradeA (score +1.40)(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)0.50.5

Same-tenor Auction History

3.004.002011-032011-092012-032012-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-09-06JGB (30-Year) No. 374.46101.902
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