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auctions / 30Y / 2019-07-04

Official Result (MOF)

Auction Date2019-07-04
Issue Date2019-07-05
IssueJGB (30-Year) No. 63(new)
Coupon (%)0.4%
Maturity2049-06-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.3T
Accepted Amount¥574.5B
Lowest Accepted Price101.00(0.362%)
Weighted Avg Price101.15(0.357%)
Allotment Ratio
Non-competitive I¥124.8B
Non-competitive II¥100.1B

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63回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び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
Coupon dates毎年6月20日及び12月20日
Planned amount¥700B
Bid deadline2019-07-04 11:50
Payment date2019-07-05
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.013.474.303.475.01-0.65
Tail (sen)158711187+0.16
Non-competitive take-up28.1%15.5%
GradeD (score -0.41)(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)0.53.0

Same-tenor Auction History

4.005.002018-072018-112019-032019-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2019-07-04JGB (30-Year) No. 634.01150.357
2019-06-13JGB (30-Year) No. 623.47870.319
2019-05-14JGB (30-Year) No. 624.6530.529
2019-04-04JGB (30-Year) No. 624.5560.540
2019-03-07JGB (30-Year) No. 614.5670.621
2019-02-07JGB (30-Year) No. 614.7250.587
2019-01-10JGB (30-Year) No. 614.0320.715
2018-12-11JGB (30-Year) No. 603.7850.794
2018-11-13JGB (30-Year) No. 603.9950.874
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