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auctions / 30Y / 2021-10-12

Official Result (MOF)

Auction Date2021-10-12
Issue Date2021-10-13
IssueJGB (30-Year) No. 72(new)
Coupon (%)0.7%
Maturity2051-09-20
Methodprice conventional
Offering¥900B
Competitive Bids¥2.1T
Accepted Amount¥731.4B
Lowest Accepted Price99.85(0.706%)
Weighted Avg Price99.94(0.702%)
Allotment Ratio
Non-competitive I¥167.9B
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72回)
Legal basis財政法(昭和22年法律第34号)第4条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥900B
Bid deadline2021-10-12 11:50
Payment date2021-10-13
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.903.003.272.773.76-1.26
Tail (sen)9710322-0.14
Non-competitive take-up24.6%24.6%
GradeD (score -0.56)(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

3.003.502020-102021-022021-062021-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2021-10-12JGB (30-Year) No. 722.9090.702
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