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auctions / 40Y / 2015-08-25

Official Result (MOF)

Auction Date2015-08-25
Issue Date2015-08-27
IssueJGB (40-Year) No. 8(reopen)
Coupon (%)1.4%
Maturity2055-03-20
Methodyield Dutch
Offering¥400B
Competitive Bids¥918.3B
Accepted Amount¥399.8B
Lowest Accepted Price96.01(1.535%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥34.6B

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8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
Coupon dates毎年3月20日及び9月20日
Planned amount¥400B
Bid deadline2015-08-25 12:00
Payment date2015-08-27
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/Cover2.302.603.272.544.13-1.83
Tail (sen)
Non-competitive take-up8.0%0.0%
GradeE (score -1.83)(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

3.004.002012-112013-112014-112015-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2015-08-25JGB (40-Year) No. 82.301.535
2015-06-18JGB (40-Year) No. 82.601.590
2015-04-23JGB (40-Year) No. 82.581.470
2015-02-24JGB (40-Year) No. 73.401.550
2014-11-26JGB (40-Year) No. 73.181.585
2014-08-26JGB (40-Year) No. 72.541.760
2014-05-27JGB (40-Year) No. 73.731.790
2014-02-25JGB (40-Year) No. 63.691.725
2013-11-26JGB (40-Year) No. 64.131.760
2013-08-20JGB (40-Year) No. 63.371.920
2013-05-21JGB (40-Year) No. 62.641.955
2013-02-13JGB (40-Year) No. 53.512.120
2012-11-08JGB (40-Year) No. 53.822.115