Official Result (MOF)
| Auction Date | 1997-01-09 |
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| Issue Date | 1997-01-27 |
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| Issue | JGB (10-Year) No. 192(new) |
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| Coupon (%) | 2.7% |
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| Maturity | 2007-03-20 |
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| Method | price conventional |
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| Offering | ¥1T |
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| Competitive Bids | ¥2.7T |
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| Accepted Amount | ¥590.8B |
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| Lowest Accepted Price | 100.50(2.636%) |
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| Weighted Avg Price | 100.53(2.633%) |
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| Allotment Ratio | — |
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| Non-competitive I | — |
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| Non-competitive II | — |
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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 |
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| Bid/Cover | 4.50 | 3.36 | 2.81 | 1.59 | 3.51 | +2.96 |
| Tail (sen) | 3 | 8 | 8 | 4 | 19 | -1.14 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | A (score +2.05) | (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) | 0.3 | 1.0 |
Same-tenor Auction History