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auctions / 30Y / 2016-10-12

Official Result (MOF)

Auction Date2016-10-12
Issue Date2016-10-14
IssueJGB (30-Year) No. 52(reopen)
Coupon (%)0.5%
Maturity2046-09-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.6T
Accepted Amount¥722.9B
Lowest Accepted Price99.50(0.519%)
Weighted Avg Price99.63(0.514%)
Allotment Ratio
Non-competitive I¥76.3B
Non-competitive II¥118.9B

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3月20日及び9月20日
Planned amount¥800B
Bid deadline2016-10-12 12:00
Payment date2016-10-14
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.643.133.342.644.21+0.73
Tail (sen)131824375-0.48
Non-competitive take-up21.3%12.3%
GradeB (score +0.60)(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)0.50.7

Same-tenor Auction History

3.004.002015-102016-022016-062016-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-10-12JGB (30-Year) No. 523.64130.514
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