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auctions / 40Y / 2026-09-29

Official Result (MOF)

Auction Date2026-09-29
Issue Date2026-09-30
IssueJGB (40-Year) No. 19(reopen)
Coupon (%)3.8%
Maturity2066-03-20
Methodyield Dutch
Offering¥300B
Competitive Bids¥928B
Accepted Amount¥299.7B
Lowest Accepted Price93.69(4.125%)
Weighted Avg Price—
Allotment Ratio42.4153%
Non-competitive I—
Non-competitive II—

Source: https://www.mof.go.jp/jgbs/auction/calendar/nyusatsu/resul20260929.htm

Offering Terms (from MOF notice) documents →

Official name利付国庫債券(40年)(第19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46条第1項
Coupon dates毎年3月20日及び9月20日
Planned amount¥300B
Bid deadline2026-09-29 11:50
Payment date2026-09-30
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/Cover3.102.822.572.132.92+2.16
Tail (sen)——————
Non-competitive take-up0.0%0.0%
GradeA (score +2.16)(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

2.503.002024-092025-052026-012026-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2026-09-29JGB (40-Year) No. 193.10—4.125
2026-07-22JGB (40-Year) No. 192.82—3.865
2026-05-27JGB (40-Year) No. 192.70—3.840
2026-03-24JGB (40-Year) No. 182.54—3.600
2026-01-28JGB (40-Year) No. 182.76—3.720
2025-11-26JGB (40-Year) No. 182.59—3.555
2025-09-25JGB (40-Year) No. 182.60—3.300
2025-07-23JGB (40-Year) No. 182.13—3.375
2025-05-28JGB (40-Year) No. 182.21—3.135
2025-03-27JGB (40-Year) No. 172.92—2.710
2025-01-21JGB (40-Year) No. 172.75—2.570
2024-11-27JGB (40-Year) No. 172.24—2.550
2024-09-26JGB (40-Year) No. 172.58—2.340