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auctions / 30Y / 2016-02-09

Official Result (MOF)

Auction Date2016-02-09
Issue Date2016-02-12
IssueJGB (30-Year) No. 49(reopen)
Coupon (%)1.4%
Maturity2045-12-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.2T
Accepted Amount¥726.4B
Lowest Accepted Price107.15(1.083%)
Weighted Avg Price107.51(1.068%)
Allotment Ratio
Non-competitive I¥73.2B
Non-competitive II¥75.3B

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49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¥800B
Bid deadline2016-02-09 12:00
Payment date2016-02-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.043.733.162.213.93-0.24
Tail (sen)36419454+1.07
Non-competitive take-up17.0%18.5%
GradeD (score -0.65)(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)1.50.2

Same-tenor Auction History

3.004.002015-022015-062015-102016-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-02-09JGB (30-Year) No. 493.04361.068
2016-01-07JGB (30-Year) No. 493.7341.224
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