The 30-Year Japanese Government Bond (JGB) Auction is a debt sale conducted by the Ministry of Finance to fund government spending. This long-term maturity auction is a critical indicator of investor confidence in Japan's long-term fiscal health and inflation expectations. The results, particularly the bid-to-cover ratio and the average yield, provide insights into the demand for safe-haven assets in Asia.
The auction uses a competitive bidding process where institutional investors submit prices. The Ministry of Finance then determines the highest yield (lowest price) at which the entire offering can be sold.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 6, 2026 | 3.94 | — | — |
| Jul 7, 2026 | 3.99 | — | — |
| Jun 10, 2026 | 3.86 | — | — |
| May 14, 2026 | 3.84 | — | — |
| Apr 7, 2026 | 3.70 | — | — |
| Mar 5, 2026 | 3.40 | — | — |
| Feb 5, 2026 | 3.62 | — | — |
| Jan 8, 2026 | 3.45 | — | — |
| Dec 4, 2025 | 3.43 | — | — |
| Nov 11, 2025 | 3.17 | — | — |
| Oct 7, 2025 | 3.25 | — | — |
| Sep 4, 2025 | 3.26 | — | — |
| Aug 7, 2025 | 3.09 | — | — |
| Jul 3, 2025 | 2.81 | — | — |
| Jun 5, 2025 | 2.90 | — | — |
| May 13, 2025 | 2.94 | — | — |
| Apr 8, 2025 | 2.41 | — | — |
| Mar 6, 2025 | 2.50 | — | — |
| Feb 6, 2025 | 2.29 | — | — |
| Jan 9, 2025 | 2.30 | — | — |
| Dec 5, 2024 | 2.29 | — | — |
| Nov 13, 2024 | 2.27 | — | — |
| Oct 8, 2024 | 2.15 | — | — |
| Sep 5, 2024 | 2.04 | — | — |
| Aug 8, 2024 | 2.23 | — | — |
| Jul 4, 2024 | 2.19 | — | — |
| Jun 6, 2024 | 2.16 | — | — |
| May 10, 2024 | 1.99 | — | — |
| Apr 4, 2024 | 1.81 | — | — |
| Mar 7, 2024 | 1.77 | — | — |
| Feb 7, 2024 | 1.79 | — | — |
| Jan 12, 2024 | 1.63 | — | — |
| Dec 7, 2023 | 1.62 | — | — |
| Nov 9, 2023 | 1.74 | — | — |
| Oct 5, 2023 | 1.69 | — | — |
| Sep 7, 2023 | 1.64 | — | — |
| Aug 8, 2023 | 1.59 | — | — |
| Jul 6, 2023 | 1.22 | — | — |
| Jun 6, 2023 | 1.26 | — | — |
| May 11, 2023 | 1.25 | — | — |
| Apr 6, 2023 | 1.35 | — | — |
| Mar 7, 2023 | 1.42 | — | — |
| Feb 7, 2023 | 1.54 | — | — |
| Jan 11, 2023 | 1.65 | — | — |
| Dec 6, 2022 | 1.48 | — | — |
| Nov 9, 2022 | 1.56 | — | — |
| Oct 12, 2022 | 1.48 | — | — |
| Sep 6, 2022 | 1.24 | — | — |
| Aug 9, 2022 | 1.12 | — | — |
| Jul 7, 2022 | 1.23 | — | — |
