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auctions / 30Y / 2015-12-08

Official Result (MOF)

Auction Date2015-12-08
Issue Date2015-12-21
IssueJGB (30-Year) No. 49(new)
Coupon (%)1.4%
Maturity2045-12-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.9T
Accepted Amount¥729.2B
Lowest Accepted Price100.00(1.400%)
Weighted Avg Price100.05(1.397%)
Allotment Ratio
Non-competitive I¥70B
Non-competitive II¥67.1B

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49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、第47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¥800B
Bid deadline2015-12-08 12:00
Payment date2015-12-21
Non-competitive II
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.933.173.082.213.76+2.15
Tail (sen)5521554-1.15
Non-competitive take-up15.8%19.7%
GradeA (score +1.65)(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)0.30.3

Same-tenor Auction History

3.004.002014-122015-042015-082015-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-12-08JGB (30-Year) No. 493.9351.397
2015-11-12JGB (30-Year) No. 483.1751.385
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