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auctions / 30Y / 2017-06-06

Official Result (MOF)

Auction Date2017-06-06
Issue Date2017-06-20
IssueJGB (30-Year) No. 55(new)
Coupon (%)0.8%
Maturity2047-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.6T
Accepted Amount¥722.8B
Lowest Accepted Price99.45(0.822%)
Weighted Avg Price99.58(0.817%)
Allotment Ratio
Non-competitive I¥76.5B
Non-competitive II¥5.4B

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55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 deadline2017-06-06 12:00
Payment date2017-06-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.633.353.202.643.64+1.62
Tail (sen)13924775-0.61
Non-competitive take-up10.2%9.6%
GradeA (score +1.12)(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)0.50.3

Same-tenor Auction History

3.003.502016-062016-102017-022017-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2017-06-06JGB (30-Year) No. 553.63130.817
2017-05-11JGB (30-Year) No. 543.3590.819
2017-04-13JGB (30-Year) No. 543.0870.795
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