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auctions / 30Y / 2024-03-07

Official Result (MOF)

Auction Date2024-03-07
Issue Date2024-03-08
IssueJGB (30-Year) No. 81(reopen)
Coupon (%)1.6%
Maturity2053-12-20
Methodprice conventional
Offering¥900B
Competitive Bids¥2.1T
Accepted Amount¥724.2B
Lowest Accepted Price96.30(1.790%)
Weighted Avg Price96.67(1.770%)
Allotment Ratio
Non-competitive I¥175.3B
Non-competitive II¥69B

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81回)
Legal basis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、第47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 deadline2024-03-07 11:50
Payment date2024-03-08
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.933.183.182.623.60-0.91
Tail (sen)3717314120+0.21
Non-competitive take-up25.2%26.4%
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)2.00.9

Same-tenor Auction History

3.003.502023-032023-072023-112024-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-03-07JGB (30-Year) No. 812.93371.770
2024-02-07JGB (30-Year) No. 813.18171.791
2024-01-12JGB (30-Year) No. 813.00401.629
2023-12-07JGB (30-Year) No. 802.621201.623
2023-11-09JGB (30-Year) No. 803.60201.741
2023-10-05JGB (30-Year) No. 803.06501.691
2023-09-07JGB (30-Year) No. 793.46281.640
2023-08-08JGB (30-Year) No. 793.5041.593
2023-07-06JGB (30-Year) No. 793.03351.222
2023-06-06JGB (30-Year) No. 783.08141.257
2023-05-11JGB (30-Year) No. 783.49101.252
2023-04-06JGB (30-Year) No. 783.19101.353
2023-03-07JGB (30-Year) No. 773.00191.416