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auctions / 30Y / 2012-10-11

Official Result (MOF)

Auction Date2012-10-11
Issue Date2012-10-15
IssueJGB (30-Year) No. 37(reopen)
Coupon (%)1.9%
Maturity2042-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥3.3T
Accepted Amount¥640.5B
Lowest Accepted Price99.30(1.936%)
Weighted Avg Price99.34(1.934%)
Allotment Ratio
Non-competitive I¥58.5B
Non-competitive II¥102B

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項並びに特別会計に関する法律(平成19年法律第23号)第46条第1項及び第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥700B
Bid deadline2012-10-11 12:00
Payment date2012-10-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover5.104.463.623.004.46+3.38
Tail (sen)41011524-1.53
Non-competitive take-up20.0%14.3%
GradeA (score +2.46)(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)0.20.5

Same-tenor Auction History

3.004.005.002011-042011-102012-042012-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-10-11JGB (30-Year) No. 375.1041.934
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