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auctions / 40Y / 2011-02-08

Official Result (MOF)

Auction Date2011-02-08
Issue Date2011-02-14
IssueJGB (40-Year) No. 3(reopen)
Coupon (%)2.2%
Maturity2050-03-20
Methodyield Dutch
Offering¥300B
Competitive Bids¥616.5B
Accepted Amount¥299.6B
Lowest Accepted Price98.96(2.240%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥0M

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)
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項及び第47条
Coupon dates毎年3月20日及び9月20日
Planned amount¥300B
Bid deadline2011-02-08 12:00
Payment date2011-02-14
Non-competitive IIheld
Price terms募入最高利回りを基礎として決定

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.064.153.722.565.02-2.28
Tail (sen)
Non-competitive take-up0.0%5.8%
GradeE (score -2.28)(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

2.004.002007-112009-052010-052011-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-02-08JGB (40-Year) No. 32.062.240
2010-11-09JGB (40-Year) No. 34.152.055
2010-08-05JGB (40-Year) No. 33.751.825
2010-05-13JGB (40-Year) No. 32.562.210
2010-01-14JGB (40-Year) No. 23.782.330
2009-11-10JGB (40-Year) No. 23.452.330
2009-07-07JGB (40-Year) No. 22.852.255
2009-05-14JGB (40-Year) No. 23.852.220
2009-02-17JGB (40-Year) No. 14.192.040
2008-11-07JGB (40-Year) No. 12.782.445
2008-05-13JGB (40-Year) No. 14.552.570
2007-11-06JGB (40-Year) No. 15.022.435