Official Result (MOF)
| Auction Date | 1996-01-09 |
|---|
| Issue Date | 1996-01-25 |
|---|
| Issue | JGB (10-Year) No. 185（new） |
|---|
| Coupon (%) | 3.1% |
|---|
| Maturity | 2006-03-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1.2T |
|---|
| Competitive Bids | ¥1.6T |
|---|
| Accepted Amount | ¥709.1B |
|---|
| Lowest Accepted Price | 99.90（3.113%） |
|---|
| Weighted Avg Price | 100.01（3.098%） |
|---|
| 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 | 2.23 | 2.20 | 3.66 | 1.98 | 6.40 | -1.11 |
| Tail (sen) | 11 | 7 | 7 | 5 | 14 | +1.66 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | E (score -1.39) | (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) | 1.5 | 0.9 |
Same-tenor Auction History