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auctions / 30Y / 2017-03-07

Official Result (MOF)

Auction Date2017-03-07
Issue Date2017-03-21
IssueJGB (30-Year) No. 54(new)
Coupon (%)0.8%
Maturity2047-03-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.3T
Accepted Amount¥723.2B
Lowest Accepted Price99.30(0.829%)
Weighted Avg Price99.49(0.821%)
Allotment Ratio
Non-competitive I¥76.3B
Non-competitive II¥49.4B

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54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 deadline2017-03-07 12:00
Payment date2017-03-21
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.143.233.292.644.21-0.37
Tail (sen)192730375-0.52
Non-competitive take-up14.8%21.2%
GradeC (score +0.08)(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)0.81.3

Same-tenor Auction History

3.004.002016-032016-072016-112017-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2017-03-07JGB (30-Year) No. 543.14190.821
2017-02-09JGB (30-Year) No. 533.23270.907
2017-01-11JGB (30-Year) No. 533.33230.745
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