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auctions / 10Y / 1990-08-22

Official Result (MOF)

Auction Date1990-08-22
Issue Date1990-09-20
IssueJGB (10-Year) No. 133(new)
Coupon (%)7.3%
Maturity2000-09-20
Methodprice conventional
Offering¥800B
Competitive Bids¥733.9B
Accepted Amount¥315.9B
Lowest Accepted Price98.40(7.581%)
Weighted Avg Price98.66(7.534%)
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

ThisPrevavg (12)minmaxz
Bid/Cover2.323.774.693.177.22-1.98
Tail (sen)261914432+1.65
Non-competitive take-up0.0%0.0%
GradeE (score -1.81)(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)4.73.3

Same-tenor Auction History

4.006.001989-081990-011990-041990-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1990-08-22JGB (10-Year) No. 1332.32267.534
1990-07-24JGB (10-Year) No. 1303.77196.904
1990-06-26JGB (10-Year) No. 1295.16116.480
1990-05-22JGB (10-Year) No. 1295.67176.242
1990-04-24JGB (10-Year) No. 1315.19126.671
1990-04-05JGB (10-Year) No. 1306.0076.655
1990-02-28JGB (10-Year) No. 1294.89146.401
1990-01-30JGB (10-Year) No. 1287.22126.172
1990-01-10JGB (10-Year) No. 1273.64326.095
1989-11-29JGB (10-Year) No. 1263.7065.306
1989-10-25JGB (10-Year) No. 1253.21185.163
1989-09-28JGB (10-Year) No. 1243.17185.099
1989-08-24JGB (10-Year) No. 1234.6244.894