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auctions / 30Y / 2013-03-08

Official Result (MOF)

Auction Date2013-03-08
Issue Date2013-03-21
IssueJGB (30-Year) No. 38(new)
Coupon (%)1.8%
Maturity2043-03-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.1T
Accepted Amount¥641.7B
Lowest Accepted Price99.45(1.828%)
Weighted Avg Price99.61(1.820%)
Allotment Ratio
Non-competitive I¥57.4B
Non-competitive II¥60.6B

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38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47条
Coupon dates毎年3月20日及び9月20日
Planned amount¥700B
Bid deadline2013-03-08 12:00
Payment date2013-03-21
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.333.523.823.005.10-0.86
Tail (sen)16169416+2.00
Non-competitive take-up15.5%7.9%
GradeE (score -1.43)(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)0.80.9

Same-tenor Auction History

3.004.005.002011-092012-032012-092013-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-03-08JGB (30-Year) No. 383.33161.820
2013-01-10JGB (30-Year) No. 373.52161.990
2012-12-06JGB (30-Year) No. 374.0851.931
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