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auctions / 40Y / 2022-07-26

Official Result (MOF)

Auction Date2022-07-26
Issue Date2022-07-27
IssueJGB (40-Year) No. 15(reopen)
Coupon (%)1%
Maturity2062-03-20
Methodyield Dutch
Offering¥700B
Competitive Bids¥1.9T
Accepted Amount¥699.9B
Lowest Accepted Price89.43(1.345%)
Weighted Avg Price
Allotment Ratio
Non-competitive I
Non-competitive II¥69B

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15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¥700B
Bid deadline2022-07-26 11:50
Payment date2022-07-27
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/Cover2.702.422.642.193.11+0.27
Tail (sen)
Non-competitive take-up9.0%5.8%
GradeC (score +0.27)(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

2.503.002020-072021-032021-112022-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2022-07-26JGB (40-Year) No. 152.701.345
2022-05-26JGB (40-Year) No. 152.421.070
2022-03-29JGB (40-Year) No. 142.191.095
2022-01-25JGB (40-Year) No. 142.570.760
2021-11-25JGB (40-Year) No. 142.370.725
2021-09-28JGB (40-Year) No. 142.530.770
2021-07-27JGB (40-Year) No. 142.720.735
2021-05-27JGB (40-Year) No. 142.800.710
2021-03-25JGB (40-Year) No. 132.800.675
2021-01-26JGB (40-Year) No. 132.860.685
2020-11-25JGB (40-Year) No. 132.670.665
2020-09-24JGB (40-Year) No. 132.650.610
2020-07-28JGB (40-Year) No. 133.110.575