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auctions / 30Y / 2013-09-10

Official Result (MOF)

Auction Date2013-09-10
Issue Date2013-09-20
IssueJGB (30-Year) No. 40(new)
Coupon (%)1.8%
Maturity2043-09-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2.1T
Accepted Amount¥547.7B
Lowest Accepted Price99.80(1.810%)
Weighted Avg Price99.94(1.803%)
Allotment Ratio
Non-competitive I¥51.5B
Non-competitive II¥31.2B

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40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¥600B
Bid deadline2013-09-10 12:00
Payment date2013-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.874.143.933.165.10-0.11
Tail (sen)1426221116-0.28
Non-competitive take-up13.1%13.1%
GradeC (score +0.08)(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)0.71.3

Same-tenor Auction History

4.005.002012-062012-122013-052013-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-09-10JGB (30-Year) No. 403.87141.803
2013-08-09JGB (30-Year) No. 394.14261.791
2013-07-04JGB (30-Year) No. 393.9611.894
2013-06-06JGB (30-Year) No. 394.06321.865
2013-05-14JGB (30-Year) No. 383.57181.775
2013-04-11JGB (30-Year) No. 383.641161.492
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