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auctions / 30Y / 2018-10-11

Official Result (MOF)

Auction Date2018-10-11
Issue Date2018-10-12
IssueJGB (30-Year) No. 60(new)
Coupon (%)0.9%
Maturity2048-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.2T
Accepted Amount¥567.4B
Lowest Accepted Price100.00(0.900%)
Weighted Avg Price100.04(0.898%)
Allotment Ratio
Non-competitive I¥131.7B
Non-competitive II¥7.3B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.924.234.253.435.01-0.84
Tail (sen)417126-0.51
Non-competitive take-up19.7%27.4%
GradeC (score -0.17)(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)0.20.0

Same-tenor Auction History

4.005.002017-102018-022018-062018-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2018-10-11JGB (30-Year) No. 603.9240.898
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