JN 30-y Bond Auction
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence;
Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted);
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Mar 5, 2025 | 2.50|3.5 | 2.29|3.7 | |
| Feb 5, 2025 | 2.29|3.7 | 2.30|3.7 | |
| Jan 8, 2025 | 2.30|3.7 | 2.29|3.5 | |
| Dec 4, 2024 | 2.29|3.5 | 2.27|3.4 | |
| Nov 12, 2024 | 2.27|3.4 | 2.15|3.3 | |
| Oct 7, 2024 | 2.15|3.3 | 2.04|3.4 | |
| Sep 4, 2024 | 2.04|3.4 | 2.23|3.5 | |
| Aug 7, 2024 | 2.23|3.5 | 2.19|3.0 |
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- JN 30-y Bond Auction News
From mof.go.jp|Mar 5, 2025table
From mof.go.jp|Feb 5, 2025table post: JAPAN'S 30-YEAR BOND AUCTION SEES STRONGEST DEMAND RATIO SINCE 2020
From mof.go.jp|Jan 8, 2025table
From mof.go.jp|Dec 4, 2024table
From mof.go.jp|Nov 12, 2024table
- From mof.go.jp|Oct 7, 2024
table
- From mof.go.jp|Sep 4, 2024
table
- From mof.go.jp|Jul 3, 2024
table
| Released on Mar 5, 2025 |
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| Released on Feb 5, 2025 |
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| Released on Jan 8, 2025 |
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| Released on Dec 4, 2024 |
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| Released on Nov 12, 2024 |
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| Released on Oct 7, 2024 |
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| Released on Sep 4, 2024 |
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| Released on Jul 3, 2024 |
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- Details
Specs
Source:
Measures:
Average yield on a 30-year bond the government sold at auction, and the bid-to-cover ratio of the auction;
Usual Effect:
No consistent effect - there are both risk and growth implications;
Frequency:
Variable, about 8 times per year;
Also Called:
JGB Auction;
Acro Expand:
Japanese Government Bond (JGB);
Event Type:
Bonds