Official Result (MOF)
| Auction Date | 2018-08-09 |
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| Issue Date | 2018-08-10 |
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| Issue | JGB (30-Year) No. 59(reopen) |
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| Coupon (%) | 0.7% |
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| Maturity | 2048-06-20 |
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| Method | price conventional |
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| Offering | ¥700B |
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| Competitive Bids | ¥2.7T |
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| Accepted Amount | ¥586.4B |
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| Lowest Accepted Price | 96.35(0.853%) |
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| Weighted Avg Price | 96.41(0.850%) |
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| Allotment Ratio | — |
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| Non-competitive I | ¥112.8B |
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| Non-competitive II | ¥44.9B |
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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59回) |
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| Legal basis | 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 |
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| Coupon dates | 毎年6月20日及び12月20日 |
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| Planned amount | ¥700B |
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| Bid deadline | 2018-08-09 11:50 |
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| Payment date | 2018-08-10 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 4.68 | 5.01 | 4.13 | 3.43 | 5.01 | +1.37 |
| Tail (sen) | 6 | 5 | 9 | 1 | 26 | -0.46 |
| Non-competitive take-up | 21.2% | 27.8% | |
| Grade | B (score +0.91) | (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) | 0.3 | 0.2 |
Same-tenor Auction History