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auctions / 30Y / 2015-09-08

Official Result (MOF)

Auction Date2015-09-08
Issue Date2015-09-24
IssueJGB (30-Year) No. 48(new)
Coupon (%)1.4%
Maturity2045-09-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.3T
Accepted Amount¥729B
Lowest Accepted Price99.65(1.416%)
Weighted Avg Price99.74(1.412%)
Allotment Ratio
Non-competitive I¥70.4B
Non-competitive II¥117.3B

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48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3月20日及び9月20日
Planned amount¥800B
Bid deadline2015-09-08 12:00
Payment date2015-09-24
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.113.303.042.213.76+0.16
Tail (sen)91523954-1.08
Non-competitive take-up20.5%20.5%
GradeB (score +0.62)(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)0.40.7

Same-tenor Auction History

3.002014-092015-012015-052015-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-09-08JGB (30-Year) No. 483.1191.412
2015-08-11JGB (30-Year) No. 473.30151.444
2015-07-09JGB (30-Year) No. 472.21411.432
2015-06-04JGB (30-Year) No. 473.07141.527
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