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auctions / 30Y / 2021-09-07

Official Result (MOF)

Auction Date2021-09-07
Issue Date2021-09-08
IssueJGB (30-Year) No. 71(reopen)
Coupon (%)0.7%
Maturity2051-06-20
Methodprice conventional
Offering¥900B
Competitive Bids¥2.2T
Accepted Amount¥731.1B
Lowest Accepted Price101.10(0.655%)
Weighted Avg Price101.17(0.653%)
Allotment Ratio
Non-competitive I¥167.7B
Non-competitive II¥71.3B

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71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6月20日及び12月20日
Planned amount¥900B
Bid deadline2021-09-07 11:50
Payment date2021-09-08
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.003.073.322.773.76-1.10
Tail (sen)71110322-0.69
Non-competitive take-up24.6%22.4%
GradeC (score -0.20)(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)0.20.4

Same-tenor Auction History

3.003.502020-092021-012021-052021-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-09-07JGB (30-Year) No. 713.0070.653
2021-08-11JGB (30-Year) No. 713.07110.647
2021-07-06JGB (30-Year) No. 713.6330.680
2021-06-08JGB (30-Year) No. 703.39100.693
2021-05-13JGB (30-Year) No. 703.12110.645
2021-04-06JGB (30-Year) No. 703.1180.688
2021-03-04JGB (30-Year) No. 692.77220.691
2021-02-04JGB (30-Year) No. 693.4790.662
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