Official Result (MOF)
| Auction Date | 2018-11-27 |
|---|
| Issue Date | 2018-11-28 |
|---|
| Issue | JGB (40-Year) No. 11（reopen） |
|---|
| Coupon (%) | 0.8% |
|---|
| Maturity | 2058-03-20 |
|---|
| Method | yield Dutch |
|---|
| Offering | ¥400B |
|---|
| Competitive Bids | ¥1.5T |
|---|
| Accepted Amount | ¥399.3B |
|---|
| Lowest Accepted Price | 95.41（0.940%） |
|---|
| Weighted Avg Price | — |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | — |
|---|
| Non-competitive II | ¥49.9B |
|---|
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11回） |
|---|
| 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47条第1項 |
|---|
| Coupon dates | 毎年3月20日及び9月20日 |
|---|
| Planned amount | ¥400B |
|---|
| Bid deadline | 2018-11-27 11:50 |
|---|
| Payment date | 2018-11-28 |
|---|
| 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 | 3.85 | 3.24 | 3.21 | 2.87 | 3.92 | +2.15 |
| Tail (sen) | — | — | — | — | — | — |
| Non-competitive take-up | 11.1% | 0.0% | |
| Grade | A (score +2.15) | (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