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auctions / 30Y / 2018-01-18

Official Result (MOF)

Auction Date2018-01-18
Issue Date2018-01-22
IssueJGB (30-Year) No. 57(reopen)
Coupon (%)0.8%
Maturity2047-12-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2.5T
Accepted Amount¥657B
Lowest Accepted Price99.10(0.837%)
Weighted Avg Price99.23(0.832%)
Allotment Ratio
Non-competitive I¥142.1B
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57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47条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥800B
Bid deadline2018-01-18 12:00
Payment date2018-01-22
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.774.383.563.084.38+0.56
Tail (sen)13415427-0.20
Non-competitive take-up17.8%29.9%
GradeB (score +0.38)(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)0.50.2

Same-tenor Auction History

3.504.002017-012017-052017-092018-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2018-01-18JGB (30-Year) No. 573.77130.832
2017-12-07JGB (30-Year) No. 574.3840.848
2017-11-09JGB (30-Year) No. 563.43260.789
2017-10-11JGB (30-Year) No. 563.9870.881
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