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auctions / 10Y / 1997-01-09

Official Result (MOF)

Auction Date1997-01-09
Issue Date1997-01-27
IssueJGB (10-Year) No. 192(new)
Coupon (%)2.7%
Maturity2007-03-20
Methodprice conventional
Offering¥1T
Competitive Bids¥2.7T
Accepted Amount¥590.8B
Lowest Accepted Price100.50(2.636%)
Weighted Avg Price100.53(2.633%)
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/Cover4.503.362.811.593.51+2.96
Tail (sen)388419-1.14
Non-competitive take-up0.0%0.0%
GradeA (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)0.31.0

Same-tenor Auction History

2.003.004.001996-011996-041996-081997-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1997-01-09JGB (10-Year) No. 1924.5032.633
1996-11-26JGB (10-Year) No. 1913.3682.751
1996-10-22JGB (10-Year) No. 1903.2052.848
1996-09-25JGB (10-Year) No. 1903.2942.875
1996-08-21JGB (10-Year) No. 1892.9963.118
1996-07-23JGB (10-Year) No. 1872.6063.305
1996-06-25JGB (10-Year) No. 1882.7083.262
1996-05-21JGB (10-Year) No. 1873.5173.284
1996-04-23JGB (10-Year) No. 1873.4643.307
1996-03-26JGB (10-Year) No. 1862.5053.313
1996-02-21JGB (10-Year) No. 1861.59193.307
1996-01-30JGB (10-Year) No. 1852.2773.110
1996-01-09JGB (10-Year) No. 1852.23113.098