Official Result (MOF)
| Auction Date | 1990-02-28 |
|---|
| Issue Date | 1990-03-20 |
|---|
| Issue | JGB (10-Year) No. 129（new） |
|---|
| Coupon (%) | 6.4% |
|---|
| Maturity | 2000-03-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥600B |
|---|
| Competitive Bids | ¥1.2T |
|---|
| Accepted Amount | ¥237B |
|---|
| Lowest Accepted Price | 99.85（6.424%） |
|---|
| Weighted Avg Price | 99.99（6.401%） |
|---|
| 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 | 4.89 | 7.22 | 4.14 | 2.86 | 7.22 | +0.60 |
| Tail (sen) | 14 | 12 | 16 | 4 | 32 | -0.23 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.42) | (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) | 2.3 | 1.9 |
Same-tenor Auction History
| Auction Date | Issue | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 1990-02-28 | JGB (10-Year) No. 129 | 4.89 | 14 | 6.401 |
| 1990-01-30 | JGB (10-Year) No. 128 | 7.22 | 12 | 6.172 |
| 1990-01-10 | JGB (10-Year) No. 127 | 3.64 | 32 | 6.095 |
| 1989-11-29 | JGB (10-Year) No. 126 | 3.70 | 6 | 5.306 |
| 1989-10-25 | JGB (10-Year) No. 125 | 3.21 | 18 | 5.163 |
| 1989-09-28 | JGB (10-Year) No. 124 | 3.17 | 18 | 5.099 |
| 1989-08-24 | JGB (10-Year) No. 123 | 4.62 | 4 | 4.894 |
| 1989-07-27 | JGB (10-Year) No. 123 | 4.43 | 17 | 4.919 |
| 1989-06-28 | JGB (10-Year) No. 122 | 2.86 | 15 | 5.174 |
| 1989-06-01 | JGB (10-Year) No. 121 | 2.94 | 25 | 5.088 |
| 1989-04-26 | JGB (10-Year) No. 119 | 4.45 | 15 | 4.837 |
| 1989-04-05 | JGB (10-Year) No. 119 | 5.35 | 11 | 4.813 |