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auctions / 30Y / 2014-02-06

Official Result (MOF)

Auction Date2014-02-06
Issue Date2014-02-10
IssueJGB (30-Year) No. 41(reopen)
Coupon (%)1.7%
Maturity2043-12-20
Methodprice conventional
Offering¥500B
Competitive Bids¥1.6T
Accepted Amount¥457.4B
Lowest Accepted Price102.00(1.600%)
Weighted Avg Price102.28(1.587%)
Allotment Ratio
Non-competitive I¥42.4B
Non-competitive II¥10.3B

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46条第1項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥500B
Bid deadline2014-02-06 12:00
Payment date2014-02-10
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.433.343.843.334.40-1.23
Tail (sen)2814231116+0.18
Non-competitive take-up10.3%9.3%
GradeD (score -0.71)(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)1.30.7

Same-tenor Auction History

3.504.002013-012013-062013-102014-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-02-06JGB (30-Year) No. 413.43281.587
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