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auctions / 30Y / 2020-06-04

Official Result (MOF)

Auction Date2020-06-04
Issue Date2020-06-05
IssueJGB (30-Year) No. 66(reopen)
Coupon (%)0.4%
Maturity2050-03-20
Methodprice conventional
Offering¥700B
Competitive Bids¥1.6T
Accepted Amount¥565.8B
Lowest Accepted Price96.55(0.534%)
Weighted Avg Price96.66(0.529%)
Allotment Ratio
Non-competitive I¥133.5B
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66回)
Legal basis財政法(昭和22年法律第34号)第4条第1項並びに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62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥700B
Bid deadline2020-06-04 11:50
Payment date2020-06-05
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.853.693.663.454.01-5.17
Tail (sen)11919587-0.37
Non-competitive take-up19.1%21.4%
GradeE (score -2.40)(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)0.50.4

Same-tenor Auction History

3.003.504.002019-062019-102020-022020-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2020-06-04JGB (30-Year) No. 662.85110.529
2020-05-14JGB (30-Year) No. 663.6990.449
2020-04-07JGB (30-Year) No. 663.53390.426
2020-03-05JGB (30-Year) No. 653.65100.335
2020-02-06JGB (30-Year) No. 653.7350.426
2020-01-09JGB (30-Year) No. 653.6680.430
2019-12-05JGB (30-Year) No. 643.6950.430
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