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auctions / 30Y / 2021-01-08

Official Result (MOF)

Auction Date2021-01-08
Issue Date2021-01-12
IssueJGB (30-Year) No. 69(new)
Coupon (%)0.7%
Maturity2050-12-20
Methodprice conventional
Offering¥900B
Competitive Bids¥2.2T
Accepted Amount¥730.8B
Lowest Accepted Price101.20(0.652%)
Weighted Avg Price101.30(0.648%)
Allotment Ratio
Non-competitive I¥168B
Non-competitive II¥74.4B

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69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47条第1項
Coupon dates毎年6月20日及び12月20日
Planned amount¥900B
Bid deadline2021-01-08 11:50
Payment date2021-01-12
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.983.493.562.853.92-2.30
Tail (sen)10513539-0.30
Non-competitive take-up24.9%25.2%
GradeE (score -1.00)(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)0.40.2

Same-tenor Auction History

3.003.502020-012020-052020-092021-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-01-08JGB (30-Year) No. 692.98100.648
2020-12-03JGB (30-Year) No. 683.4950.648
2020-11-10JGB (30-Year) No. 683.7660.643
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