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auctions / 30Y / 2013-10-10

Official Result (MOF)

Auction Date2013-10-10
Issue Date2013-10-15
IssueJGB (30-Year) No. 40(reopen)
Coupon (%)1.8%
Maturity2043-09-20
Methodprice conventional
Offering¥600B
Competitive Bids¥2.2T
Accepted Amount¥546.3B
Lowest Accepted Price103.35(1.633%)
Weighted Avg Price103.41(1.630%)
Allotment Ratio
Non-competitive I¥52.6B
Non-competitive II¥65.8B

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 deadline2013-10-10 12:00
Payment date2013-10-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.073.873.983.335.10+0.19
Tail (sen)614221116-0.55
Non-competitive take-up17.8%13.1%
GradeB (score +0.37)(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)0.30.7

Same-tenor Auction History

4.005.002012-072013-012013-062013-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2013-10-10JGB (30-Year) No. 404.0761.630
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