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auctions / 30Y / 2017-09-07

Official Result (MOF)

Auction Date2017-09-07
Issue Date2017-09-20
IssueJGB (30-Year) No. 56(new)
Coupon (%)0.8%
Maturity2047-09-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.4T
Accepted Amount¥658.3B
Lowest Accepted Price99.00(0.841%)
Weighted Avg Price99.21(0.832%)
Allotment Ratio
Non-competitive I¥141.2B
Non-competitive II¥3.6B

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56回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び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 deadline2017-09-07 12:00
Payment date2017-09-20
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.673.903.372.853.90+1.06
Tail (sen)211017740+0.41
Non-competitive take-up18.0%22.0%
GradeB (score +0.32)(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)0.90.4

Same-tenor Auction History

3.003.502016-092017-012017-052017-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2017-09-07JGB (30-Year) No. 563.67210.832
2017-08-08JGB (30-Year) No. 553.90100.876
2017-07-06JGB (30-Year) No. 553.6290.878
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