overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 40Y / 2012-02-09

Official Result (MOF)

Auction Date2012-02-09
Issue Date2012-02-14
IssueJGB (40-Year) No. 4(reopen)
Coupon (%)2.2%
Maturity2051-03-20
Methodyield Dutch
Offering¥400B
Competitive Bids¥1.4T
Accepted Amount¥399.5B
Lowest Accepted Price101.58(2.140%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥36.4B

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4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¥400B
Bid deadline2012-02-09 12:00
Payment date2012-02-14
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/Cover3.613.923.312.034.19+0.41
Tail (sen)
Non-competitive take-up8.4%7.1%
GradeB (score +0.41)(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

2.003.004.002009-022010-012011-022012-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-02-09JGB (40-Year) No. 43.612.140
2011-11-10JGB (40-Year) No. 43.922.170
2011-08-09JGB (40-Year) No. 42.032.320
2011-05-17JGB (40-Year) No. 43.132.225
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