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auctions / 30Y / 2015-05-14

Official Result (MOF)

Auction Date2015-05-14
Issue Date2015-05-18
IssueJGB (30-Year) No. 46(reopen)
Coupon (%)1.5%
Maturity2045-03-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2T
Accepted Amount¥729.7B
Lowest Accepted Price99.45(1.526%)
Weighted Avg Price99.71(1.514%)
Allotment Ratio
Non-competitive I¥69.5B
Non-competitive II¥116.7B

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46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¥800B
Bid deadline2015-05-14 12:00
Payment date2015-05-18
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.742.863.332.594.62-1.02
Tail (sen)261917354+0.64
Non-competitive take-up20.3%20.5%
GradeD (score -0.83)(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)1.20.9

Same-tenor Auction History

3.004.002014-052014-092015-012015-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-05-14JGB (30-Year) No. 462.74261.514
2015-04-09JGB (30-Year) No. 462.86191.375
2015-03-05JGB (30-Year) No. 463.76341.510
2015-02-05JGB (30-Year) No. 452.67541.464
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