Official Result (MOF)
| Auction Date | 2002-07-02 |
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| Issue Date | 2002-07-22 |
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| Issue | Discount JGB (3-Year) No. 11（new） |
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| Coupon (%) | — |
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| Maturity | 2005-07-20 |
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| Method | price conventional |
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| Offering | ¥100B |
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| Competitive Bids | ¥291.2B |
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| Accepted Amount | ¥89.7B |
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| Lowest Accepted Price | 99.47（0.177%） |
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| Weighted Avg Price | 99.52（0.160%） |
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| Allotment Ratio | — |
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| Non-competitive I | — |
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| Non-competitive II | — |
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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 | 3.25 | 3.58 | 6.39 | 2.36 | 19.17 | -0.63 |
| Tail (sen) | 5 | 3 | 6 | 0 | 20 | -0.21 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | C (score -0.21) | (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) | 1.7 | 1.0 |
Same-tenor Auction History
| Auction Date | Issue | Bid/Cover | Tail (sen) | Avg Yield (%) |
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| 2002-07-02 | Discount JGB (3-Year) No. 11 | 3.25 | 5 | 0.160 |
| 2002-04-26 | Discount JGB (3-Year) No. 10 | 3.58 | 3 | 0.130 |
| 2002-03-07 | Discount JGB (3-Year) No. 9 | 4.14 | 4 | 0.133 |
| 2001-12-26 | Discount JGB (3-Year) No. 8 | 19.17 | 4 | 0.150 |
| 2001-11-01 | Discount JGB (3-Year) No. 7 | 11.49 | 1 | 0.217 |
| 2001-08-30 | Discount JGB (3-Year) No. 6 | 6.57 | 3 | 0.220 |
| 2001-07-03 | Discount JGB (3-Year) No. 5 | 3.84 | 0 | 0.227 |
| 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 |