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auctions / 10Y / 1991-02-26

Official Result (MOF)

Auction Date1991-02-26
Issue Date1991-03-20
IssueJGB (10-Year) No. 138(new)
Coupon (%)6.4%
Maturity2001-03-20
Methodprice conventional
Offering¥800B
Competitive Bids¥1.1T
Accepted Amount¥472.2B
Lowest Accepted Price100.95(6.245%)
Weighted Avg Price101.14(6.215%)
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/Cover2.303.284.512.326.00-2.05
Tail (sen)191515726+0.85
Non-competitive take-up0.0%0.0%
GradeE (score -1.45)(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)3.02.5

Same-tenor Auction History

4.006.001990-021990-061990-101991-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1991-02-26JGB (10-Year) No. 1382.30196.215
1991-01-30JGB (10-Year) No. 1373.28156.352
1991-01-09JGB (10-Year) No. 1314.65176.522
1990-11-27JGB (10-Year) No. 1363.95106.799
1990-10-24JGB (10-Year) No. 1353.61197.210
1990-09-26JGB (10-Year) No. 1345.6397.786
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