Official Result (MOF)
| Auction Date | 2025-10-07 |
|---|
| Issue Date | 2025-10-08 |
|---|
| Issue | JGB (30-Year) No. 88（new） |
|---|
| Coupon (%) | 3.2% |
|---|
| Maturity | 2055-09-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥700B |
|---|
| Competitive Bids | ¥1.8T |
|---|
| Accepted Amount | ¥536.8B |
|---|
| Lowest Accepted Price | 99.10（3.259%） |
|---|
| Weighted Avg Price | 99.27（3.248%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥162.8B |
|---|
| Non-competitive II | ¥51.5B |
|---|
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88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、第47条第1項及び第62条第1項 |
|---|
| Coupon dates | 毎年3月20日及び9月20日 |
|---|
| Planned amount | ¥700B |
|---|
| Bid deadline | 2025-10-07 11:50 |
|---|
| Payment date | 2025-10-08 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 3.41 | 3.31 | 3.37 | 2.92 | 3.74 | +0.15 |
| Tail (sen) | 17 | 18 | 23 | 2 | 75 | -0.30 |
| Non-competitive take-up | 28.5% | 30.3% | |
| Grade | C (score +0.23) | (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) | 1.1 | 1.3 |
Same-tenor Auction History