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auctions / 30Y / 2015-10-08

Official Result (MOF)

Auction Date2015-10-08
Issue Date2015-10-13
IssueJGB (30-Year) No. 48(reopen)
Coupon (%)1.4%
Maturity2045-09-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.4T
Accepted Amount¥727.9B
Lowest Accepted Price101.00(1.353%)
Weighted Avg Price101.06(1.350%)
Allotment Ratio
Non-competitive I¥71.2B
Non-competitive II¥118.9B

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48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3月20日及び9月20日
Planned amount¥800B
Bid deadline2015-10-08 12:00
Payment date2015-10-13
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.333.113.002.213.76+0.80
Tail (sen)6922954-1.23
Non-competitive take-up20.7%20.5%
GradeA (score +1.01)(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)0.30.4

Same-tenor Auction History

3.002014-102015-022015-062015-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-10-08JGB (30-Year) No. 483.3361.350
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