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auctions / 30Y / 2018-05-15

Official Result (MOF)

Auction Date2018-05-15
Issue Date2018-05-16
IssueJGB (30-Year) No. 58(reopen)
Coupon (%)0.8%
Maturity2048-03-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.5T
Accepted Amount¥566.6B
Lowest Accepted Price101.30(0.746%)
Weighted Avg Price101.31(0.746%)
Allotment Ratio
Non-competitive I¥132.5B
Non-competitive II¥96.5B

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58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3月20日及び9月20日
Planned amount¥700B
Bid deadline2018-05-15 11:50
Payment date2018-05-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.414.343.883.354.38+1.53
Tail (sen)1611426-1.52
Non-competitive take-up28.8%29.6%
GradeA (score +1.53)(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)0.00.2

Same-tenor Auction History

3.504.002017-052017-092018-012018-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2018-05-15JGB (30-Year) No. 584.4110.746
2018-04-12JGB (30-Year) No. 584.3460.714
2018-03-06JGB (30-Year) No. 584.2460.750
2018-02-08JGB (30-Year) No. 574.2750.820
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