overview yields news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 40Y / 2012-11-08

Official Result (MOF)

Auction Date2012-11-08
Issue Date2012-11-12
IssueJGB (40-Year) No. 5(reopen)
Coupon (%)2%
Maturity2052-03-20
Methodyield Dutch
Offering¥400B
Competitive Bids¥1.5T
Accepted Amount¥399.6B
Lowest Accepted Price96.94(2.115%)
Weighted Avg Price—
Allotment Ratio—
Non-competitive I—
Non-competitive II¥48B

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5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
Coupon dates毎年3月20日及び9月20日
Planned amount¥400B
Bid deadline2012-11-08 12:00
Payment date2012-11-12
Non-competitive IIheld
Price terms募入最高利回りを基礎として決定

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover3.823.483.332.034.15+0.70
Tail (sen)——————
Non-competitive take-up10.7%0.0%
GradeB (score +0.70)(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

2.003.004.002009-112010-112011-112012-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2012-11-08JGB (40-Year) No. 53.82—2.115
2012-08-07JGB (40-Year) No. 53.48—2.035
2012-05-15JGB (40-Year) No. 53.99—2.040
2012-02-09JGB (40-Year) No. 43.61—2.140
2011-11-10JGB (40-Year) No. 43.92—2.170
2011-08-09JGB (40-Year) No. 42.03—2.320
2011-05-17JGB (40-Year) No. 43.13—2.225
2011-02-08JGB (40-Year) No. 32.06—2.240
2010-11-09JGB (40-Year) No. 34.15—2.055
2010-08-05JGB (40-Year) No. 33.75—1.825
2010-05-13JGB (40-Year) No. 32.56—2.210
2010-01-14JGB (40-Year) No. 23.78—2.330
2009-11-10JGB (40-Year) No. 23.45—2.330