Ministry of Finance Announces Results of 30-Year Government Bond (87th Issue) Non-Price Competitive Bidding
Tokyo, Japan – September 4, 2025 – The Ministry of Finance (MOF) today released the results of the non-price competitive bidding for the 30-year interest-bearing government bonds (87th issue), which was conducted on September 4, 2025. The announcement, made at 06:15 JST, provides crucial insights into the latest auction for this significant segment of Japan’s sovereign debt market.
The 30-year government bond, a long-term instrument, plays a vital role in the government’s debt management strategy and offers investors a stable, albeit longer-term, yield. The non-price competitive bidding process allows primary dealers to subscribe for a specified amount of bonds without directly specifying a price. The yield for these subscriptions is then determined based on the results of the price-competitive bidding, which typically takes place prior to the non-price competitive segment.
While the detailed financial figures and specific yield are usually released in conjunction with the price-competitive results, today’s announcement confirms the successful completion of the non-price competitive bidding phase for the 87th issue of the 30-year bond. This indicates that the market has absorbed the planned issuance of these long-dated securities.
The outcomes of such auctions are closely monitored by financial market participants, including institutional investors, banks, and other financial intermediaries. They provide valuable indicators of investor appetite for government debt, prevailing interest rate expectations, and the overall health of the bond market. For investors, understanding these results is essential for portfolio management and for making informed investment decisions in a landscape shaped by sovereign debt issuance.
The Ministry of Finance regularly publishes auction calendars and results to ensure transparency and provide timely information to the market. These disclosures are fundamental to maintaining confidence in Japan’s fiscal operations and the integrity of its financial markets. Further details regarding the specific yield and subscription amounts from the price-competitive bidding are expected to be made available by the MOF, offering a complete picture of the auction’s success.
30年利付国債（第87回）の第II非価格競争入札結果（令和7年9月4日入札）
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財務省 published ’30年利付国債（第87回）の第II非価格競争入札結果（令和7年9月4日入札）’ at 2025-09-04 06:15. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.