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auctions / 30Y / 2016-12-08

Official Result (MOF)

Auction Date2016-12-08
Issue Date2016-12-20
IssueJGB (30-Year) No. 53(new)
Coupon (%)0.6%
Maturity2046-12-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.1T
Accepted Amount¥723.9B
Lowest Accepted Price99.15(0.633%)
Weighted Avg Price99.55(0.617%)
Allotment Ratio
Non-competitive I¥75.7B
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53回)
Legal basis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6月20日及び12月20日
Planned amount¥800B
Bid deadline2016-12-08 12:00
Payment date2016-12-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.853.503.392.644.21-1.28
Tail (sen)401926375+0.60
Non-competitive take-up9.5%9.6%
GradeD (score -0.94)(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)1.60.8

Same-tenor Auction History

3.004.002015-122016-042016-082016-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2016-12-08JGB (30-Year) No. 532.85400.617
2016-11-10JGB (30-Year) No. 523.50190.511
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