Official Result (MOF)
| Auction Date | 2001-05-11 |
|---|
| Issue Date | 2001-05-25 |
|---|
| Issue | Discount JGB (3-Year) No. 4（new） |
|---|
| Coupon (%) | — |
|---|
| Maturity | 2004-05-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥100B |
|---|
| Competitive Bids | ¥629.4B |
|---|
| Accepted Amount | ¥89.1B |
|---|
| Lowest Accepted Price | 99.30（0.234%） |
|---|
| Weighted Avg Price | 99.33（0.224%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | — |
|---|
| Non-competitive II | — |
|---|
Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 7.06 | 2.50 | 2.68 | 2.36 | 3.20 | — |
| Tail (sen) | 3 | 12 | 15 | 12 | 20 | — |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | — | (z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor |
| Yield tail (bp) | 1.0 | 4.1 |
Same-tenor Auction History
| Auction Date | Issue | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2001-05-11 | Discount JGB (3-Year) No. 4 | 7.06 | 3 | 0.224 |
| 2001-03-07 | Discount JGB (3-Year) No. 3 | 2.50 | 12 | 0.416 |
| 2000-12-22 | Discount JGB (3-Year) No. 2 | 3.20 | 13 | 0.802 |
| 2000-11-09 | Discount JGB (3-Year) No. 1 | 2.36 | 20 | 0.813 |