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auctions / 30Y / 2014-01-15

Official Result (MOF)

Auction Date2014-01-15
Issue Date2014-01-17
IssueJGB (30-Year) No. 41(reopen)
Coupon (%)1.7%
Maturity2043-12-20
Methodprice conventional
Offering¥600B
Competitive Bids¥1.8T
Accepted Amount¥548.2B
Lowest Accepted Price100.55(1.672%)
Weighted Avg Price100.69(1.665%)
Allotment Ratio
Non-competitive I¥50.7B
Non-competitive II¥5.7B

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41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47条及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥600B
Bid deadline2014-01-15 12:00
Payment date2014-01-17
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.344.153.903.334.40-1.83
Tail (sen)147221116-0.26
Non-competitive take-up9.3%19.3%
GradeD (score -0.78)(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)0.70.3

Same-tenor Auction History

3.504.002012-122013-052013-092014-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-01-15JGB (30-Year) No. 413.34141.665
2013-12-10JGB (30-Year) No. 414.1571.704
2013-11-12JGB (30-Year) No. 404.4051.616
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