Official Result (MOF)
| Auction Date | 2010-05-13 |
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| Issue Date | 2010-05-18 |
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| Issue | JGB (40-Year) No. 3（new） |
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| Coupon (%) | 2.2% |
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| Maturity | 2050-03-20 |
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| Method | yield Dutch |
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| Offering | ¥300B |
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| Competitive Bids | ¥769B |
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| Accepted Amount | ¥299.8B |
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| Lowest Accepted Price | 99.73（2.210%） |
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| Weighted Avg Price | — |
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| Allotment Ratio | — |
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| Non-competitive I | — |
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| Non-competitive II | ¥28.4B |
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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3回） |
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| Legal basis | 財政法（昭和22年法律第34号）第4条第1項及び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 |
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| Coupon dates | 毎年3月20日及び9月20日 |
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| Planned amount | ¥300B |
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| Bid deadline | 2010-05-13 12:00 |
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| Payment date | 2010-05-18 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 2.56 | 3.78 | 3.81 | 2.78 | 5.02 | -1.70 |
| Tail (sen) | — | — | — | — | — | — |
| Non-competitive take-up | 8.7% | 12.8% | |
| Grade | E (score -1.70) | (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 (%) |
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| 2010-05-13 | JGB (40-Year) No. 3 | 2.56 | — | 2.210 |
| 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 |