Official Result (MOF)
| Auction Date | 1996-08-21 |
|---|
| Issue Date | 1996-09-20 |
|---|
| Issue | JGB (10-Year) No. 189（new） |
|---|
| Coupon (%) | 3.1% |
|---|
| Maturity | 2006-09-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1T |
|---|
| Competitive Bids | ¥1.8T |
|---|
| Accepted Amount | ¥590.8B |
|---|
| Lowest Accepted Price | 99.80（3.126%） |
|---|
| Weighted Avg Price | 99.86（3.118%） |
|---|
| 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 | 2.99 | 2.60 | 2.72 | 1.59 | 5.00 | +0.32 |
| Tail (sen) | 6 | 6 | 8 | 4 | 19 | -0.59 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.46) | (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) | 0.8 | 0.8 |
Same-tenor Auction History