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auctions / 30Y / 2020-10-06

Official Result (MOF)

Auction Date2020-10-06
Issue Date2020-10-07
IssueJGB (30-Year) No. 68(new)
Coupon (%)0.6%
Maturity2050-09-20
Methodprice conventional
Offering¥900B
Competitive Bids¥2.6T
Accepted Amount¥733.6B
Lowest Accepted Price98.90(0.643%)
Weighted Avg Price99.04(0.638%)
Allotment Ratio
Non-competitive I¥165.4B
Non-competitive II¥1.6B

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68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3月20日及び9月20日
Planned amount¥900B
Bid deadline2020-10-06 11:50
Payment date2020-10-07
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.513.503.602.853.92-0.32
Tail (sen)141613539+0.12
Non-competitive take-up18.5%25.5%
GradeC (score -0.22)(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)0.50.6

Same-tenor Auction History

3.003.502019-102020-022020-062020-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2020-10-06JGB (30-Year) No. 683.51140.638
2020-09-03JGB (30-Year) No. 673.50160.611
2020-08-18JGB (30-Year) No. 673.44220.617
2020-07-07JGB (30-Year) No. 673.9280.612
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