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auctions / 10Y / 1991-07-24

Official Result (MOF)

Auction Date1991-07-24
Issue Date1991-08-20
IssueJGB (10-Year) No. 140(reopen)
Coupon (%)6.6%
Maturity2001-06-20
Methodprice conventional
Offering¥800B
Competitive Bids¥2T
Accepted Amount¥472.5B
Lowest Accepted Price100.20(6.566%)
Weighted Avg Price100.23(6.561%)
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/Cover4.252.673.372.305.63+0.91
Tail (sen)3814726-1.84
Non-competitive take-up0.0%0.0%
GradeA (score +1.37)(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)0.51.4

Same-tenor Auction History

4.001990-071990-111991-041991-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1991-07-24JGB (10-Year) No. 1404.2536.561
1991-06-25JGB (10-Year) No. 1422.6786.686
1991-05-22JGB (10-Year) No. 1412.9276.488
1991-04-24JGB (10-Year) No. 1402.8986.537
1991-04-02JGB (10-Year) No. 1402.4396.535
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