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auctions / 30Y / 2015-01-14

Official Result (MOF)

Auction Date2015-01-14
Issue Date2015-01-16
IssueJGB (30-Year) No. 45(reopen)
Coupon (%)1.5%
Maturity2044-12-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.3T
Accepted Amount¥643.2B
Lowest Accepted Price108.25(1.131%)
Weighted Avg Price108.42(1.123%)
Allotment Ratio
Non-competitive I¥56.3B
Non-competitive II¥100.3B

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45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47条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥700B
Bid deadline2015-01-14 12:00
Payment date2015-01-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.573.123.422.594.62+0.25
Tail (sen)171613328+0.53
Non-competitive take-up19.6%19.9%
GradeC (score -0.14)(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)0.80.8

Same-tenor Auction History

3.004.002014-012014-052014-092015-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-01-14JGB (30-Year) No. 453.57171.123
2014-12-09JGB (30-Year) No. 453.12161.456
2014-11-11JGB (30-Year) No. 443.02141.483
2014-10-15JGB (30-Year) No. 442.5991.633
2014-09-09JGB (30-Year) No. 443.57161.679
2014-08-12JGB (30-Year) No. 434.0671.676
2014-07-10JGB (30-Year) No. 433.12141.703
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