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auctions / 30Y / 2016-06-07

Official Result (MOF)

Auction Date2016-06-07
Issue Date2016-06-20
IssueJGB (30-Year) No. 51(new)
Coupon (%)0.3%
Maturity2046-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.5T
Accepted Amount¥727.9B
Lowest Accepted Price99.45(0.320%)
Weighted Avg Price99.59(0.314%)
Allotment Ratio
Non-competitive I¥71.2B
Non-competitive II¥119.2B

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51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6月20日及び12月20日
Planned amount¥800B
Bid deadline2016-06-07 12:00
Payment date2016-06-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.423.013.292.214.21+0.27
Tail (sen)144020367-0.33
Non-competitive take-up20.7%8.2%
GradeC (score +0.30)(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)0.61.3

Same-tenor Auction History

3.004.002015-062015-102016-022016-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-06-07JGB (30-Year) No. 513.42140.314
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