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auctions / 30Y / 2016-05-12

Official Result (MOF)

Auction Date2016-05-12
Issue Date2016-05-16
IssueJGB (30-Year) No. 50(reopen)
Coupon (%)0.8%
Maturity2046-03-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.2T
Accepted Amount¥733.7B
Lowest Accepted Price112.70(0.332%)
Weighted Avg Price113.10(0.319%)
Allotment Ratio
Non-competitive I¥65.7B
Non-competitive II¥0M

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50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 deadline2016-05-12 12:00
Payment date2016-05-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.013.393.272.214.21-0.51
Tail (sen)406719367+1.10
Non-competitive take-up8.2%11.9%
GradeD (score -0.80)(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)1.32.3

Same-tenor Auction History

3.004.002015-052015-092016-012016-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-05-12JGB (30-Year) No. 503.01400.319
2016-04-14JGB (30-Year) No. 503.39670.388
2016-03-08JGB (30-Year) No. 504.2130.765
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