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auctions / 30Y / 2016-08-09

Official Result (MOF)

Auction Date2016-08-09
Issue Date2016-08-12
IssueJGB (30-Year) No. 51(reopen)
Coupon (%)0.3%
Maturity2046-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.2T
Accepted Amount¥725.4B
Lowest Accepted Price96.50(0.432%)
Weighted Avg Price96.71(0.424%)
Allotment Ratio
Non-competitive I¥74.2B
Non-competitive II¥1.3B

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51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6月20日及び12月20日
Planned amount¥800B
Bid deadline2016-08-09 12:00
Payment date2016-08-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.072.643.362.644.21-0.70
Tail (sen)217523375-0.09
Non-competitive take-up9.4%9.0%
GradeD (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)0.82.4

Same-tenor Auction History

3.004.002015-082015-122016-042016-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-08-09JGB (30-Year) No. 513.07210.424
2016-07-12JGB (30-Year) No. 512.64750.120
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