Official Result (MOF)
| Auction Date | 2010-01-14 |
|---|
| Issue Date | 2010-01-19 |
|---|
| Issue | JGB (40-Year) No. 2(reopen) |
|---|
| Coupon (%) | 2.2% |
|---|
| Maturity | 2049-03-20 |
|---|
| Method | yield Dutch |
|---|
| Offering | ¥300B |
|---|
| Competitive Bids | ¥1.1T |
|---|
| Accepted Amount | ¥299.3B |
|---|
| Lowest Accepted Price | 96.67(2.330%) |
|---|
| Weighted Avg Price | — |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | — |
|---|
| Non-competitive II | ¥43.8B |
|---|
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(40年)(第2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項及び第47条 |
|---|
| Coupon dates | 毎年3月20日及び9月20日 |
|---|
| Planned amount | ¥300B |
|---|
| Bid deadline | 2010-01-14 12:00 |
|---|
| Payment date | 2010-01-19 |
|---|
| Non-competitive II | held |
|---|
| Price terms | 募入最高利回りを基礎として決定 |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 3.78 | 3.45 | 3.81 | 2.78 | 5.02 | -0.04 |
| Tail (sen) | — | — | — | — | — | — |
| Non-competitive take-up | 12.8% | 10.1% | |
| Grade | C (score -0.04) | (z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor |
Same-tenor Auction History
| Auction Date | Issue | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2010-01-14 | JGB (40-Year) No. 2 | 3.78 | — | 2.330 |
| 2009-11-10 | JGB (40-Year) No. 2 | 3.45 | — | 2.330 |
| 2009-07-07 | JGB (40-Year) No. 2 | 2.85 | — | 2.255 |
| 2009-05-14 | JGB (40-Year) No. 2 | 3.85 | — | 2.220 |
| 2009-02-17 | JGB (40-Year) No. 1 | 4.19 | — | 2.040 |
| 2008-11-07 | JGB (40-Year) No. 1 | 2.78 | — | 2.445 |
| 2008-05-13 | JGB (40-Year) No. 1 | 4.55 | — | 2.570 |
| 2007-11-06 | JGB (40-Year) No. 1 | 5.02 | — | 2.435 |