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auctions / 30Y / 2016-09-06

Official Result (MOF)

Auction Date2016-09-06
Issue Date2016-09-20
IssueJGB (30-Year) No. 52(new)
Coupon (%)0.5%
Maturity2046-09-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.3T
Accepted Amount¥725.3B
Lowest Accepted Price99.80(0.507%)
Weighted Avg Price99.98(0.500%)
Allotment Ratio
Non-competitive I¥74.2B
Non-competitive II¥27.6B

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52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3月20日及び9月20日
Planned amount¥800B
Bid deadline2016-09-06 12:00
Payment date2016-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.133.073.342.644.21-0.49
Tail (sen)182124375-0.24
Non-competitive take-up12.3%9.4%
GradeC (score -0.13)(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)0.70.8

Same-tenor Auction History

3.004.002015-092016-012016-052016-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-09-06JGB (30-Year) No. 523.13180.500
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