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auctions / 15Y / 2007-11-15

Official Result (MOF)

Auction Date2007-11-15
Issue Date2007-11-20
IssueFloating-Rate JGB (15-Year) No. 47(new)
Coupon (%)—
Maturity2022-11-20
Methodprice conventional
Offering¥700B
Competitive Bids¥2.5T
Accepted Amount¥656.3B
Lowest Accepted Price99.50
Weighted Avg Price99.54
Allotment Ratio—
Non-competitive I¥42.4B
Non-competitive II¥68B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover3.812.953.482.514.58+0.55
Tail (sen)42610326-0.79
Non-competitive take-up14.4%5.4%
GradeB (score +0.67)(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

3.004.002005-072006-032006-112007-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-11-15Floating-Rate JGB (15-Year) No. 473.814—
2007-08-21Floating-Rate JGB (15-Year) No. 462.9526—
2007-05-22Floating-Rate JGB (15-Year) No. 454.583—
2007-02-15Floating-Rate JGB (15-Year) No. 443.537—
2006-11-16Floating-Rate JGB (15-Year) No. 434.353—
2006-09-14Floating-Rate JGB (15-Year) No. 423.856—
2006-07-20Floating-Rate JGB (15-Year) No. 413.715—
2006-05-23Floating-Rate JGB (15-Year) No. 403.637—
2006-03-14Floating-Rate JGB (15-Year) No. 392.8315—
2006-01-24Floating-Rate JGB (15-Year) No. 382.5119—
2005-11-17Floating-Rate JGB (15-Year) No. 372.9816—
2005-09-15Floating-Rate JGB (15-Year) No. 363.763—
2005-07-21Floating-Rate JGB (15-Year) No. 353.066—