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auctions / 30Y / 2018-09-11

Official Result (MOF)

Auction Date2018-09-11
Issue Date2018-09-12
IssueJGB (30-Year) No. 59(reopen)
Coupon (%)0.7%
Maturity2048-06-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.4T
Accepted Amount¥578.9B
Lowest Accepted Price96.70(0.838%)
Weighted Avg Price96.71(0.838%)
Allotment Ratio
Non-competitive I¥120.4B
Non-competitive II¥97.7B

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)
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項及び第62条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥700B
Bid deadline2018-09-11 11:50
Payment date2018-09-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.234.684.203.435.01+0.08
Tail (sen)169126-1.12
Non-competitive take-up27.4%21.2%
GradeB (score +0.60)(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)0.00.3

Same-tenor Auction History

4.005.002017-092018-012018-052018-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2018-09-11JGB (30-Year) No. 594.2310.838
2018-08-09JGB (30-Year) No. 594.6860.850
2018-07-05JGB (30-Year) No. 595.0150.704
2018-06-19JGB (30-Year) No. 584.2270.707
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