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auctions / 30Y / 2019-11-12

Official Result (MOF)

Auction Date2019-11-12
Issue Date2019-11-13
IssueJGB (30-Year) No. 64(reopen)
Coupon (%)0.4%
Maturity2049-09-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.1T
Accepted Amount¥568.9B
Lowest Accepted Price98.30(0.464%)
Weighted Avg Price98.46(0.458%)
Allotment Ratio
Non-competitive I¥130.6B
Non-competitive II¥0M

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64回)
Legal basis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47条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥700B
Bid deadline2019-11-12 11:50
Payment date2019-11-13
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.663.874.053.454.72-0.86
Tail (sen)16614287+0.07
Non-competitive take-up18.7%27.2%
GradeD (score -0.47)(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)0.60.3

Same-tenor Auction History

3.504.004.502018-112019-032019-072019-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2019-11-12JGB (30-Year) No. 643.66160.458
2019-10-10JGB (30-Year) No. 643.8760.382
2019-09-05JGB (30-Year) No. 633.45110.140
2019-08-06JGB (30-Year) No. 633.50200.292
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