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auctions / 40Y / 2024-03-27

Official Result (MOF)

Auction Date2024-03-27
Issue Date2024-03-28
IssueJGB (40-Year) No. 16(reopen)
Coupon (%)1.3%
Maturity2063-03-20
Methodyield Dutch
Offering¥700B
Competitive Bids¥1.7T
Accepted Amount¥699.7B
Lowest Accepted Price83.41(1.905%)
Weighted Avg Price—
Allotment Ratio—
Non-competitive I—
Non-competitive II¥53.1B

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16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、第47条第1項及び第62条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥700B
Bid deadline2024-03-27 11:50
Payment date2024-03-28
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/Cover2.492.152.462.152.95+0.12
Tail (sen)——————
Non-competitive take-up7.1%9.0%
GradeC (score +0.12)(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

2.502022-032022-112023-072024-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-03-27JGB (40-Year) No. 162.49—1.905
2024-01-25JGB (40-Year) No. 162.15—1.925
2023-11-28JGB (40-Year) No. 162.21—1.810
2023-09-26JGB (40-Year) No. 162.95—1.725
2023-07-25JGB (40-Year) No. 162.54—1.465
2023-05-25JGB (40-Year) No. 162.38—1.385
2023-03-28JGB (40-Year) No. 152.69—1.465
2023-01-26JGB (40-Year) No. 152.55—1.625
2022-11-25JGB (40-Year) No. 152.35—1.580
2022-09-27JGB (40-Year) No. 152.36—1.520
2022-07-26JGB (40-Year) No. 152.70—1.345
2022-05-26JGB (40-Year) No. 152.42—1.070
2022-03-29JGB (40-Year) No. 142.19—1.095