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auctions / 30Y / 2014-06-05

Official Result (MOF)

Auction Date2014-06-05
Issue Date2014-06-20
IssueJGB (30-Year) No. 43(new)
Coupon (%)1.7%
Maturity2044-06-20
Methodprice conventional
Offering¥700B
Competitive Bids¥1.9T
Accepted Amount¥646.8B
Lowest Accepted Price99.65(1.717%)
Weighted Avg Price99.72(1.714%)
Allotment Ratio
Non-competitive I¥52.3B
Non-competitive II¥39.9B

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43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¥700B
Bid deadline2014-06-05 12:00
Payment date2014-06-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.004.623.942.934.62-2.05
Tail (sen)7314132-0.67
Non-competitive take-up12.5%14.1%
GradeD (score -0.69)(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)0.30.2

Same-tenor Auction History

3.004.002013-062013-102014-022014-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2014-06-05JGB (30-Year) No. 433.0071.714
2014-05-13JGB (30-Year) No. 424.6231.708
2014-04-11JGB (30-Year) No. 422.9371.696
2014-03-06JGB (30-Year) No. 424.28241.635
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