Official Result (MOF)
| Auction Date | 1997-04-22 |
|---|
| Issue Date | 1997-05-20 |
|---|
| Issue | JGB (10-Year) No. 195（new） |
|---|
| Coupon (%) | 2.4% |
|---|
| Maturity | 2007-06-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1T |
|---|
| Competitive Bids | ¥4T |
|---|
| Accepted Amount | ¥591.2B |
|---|
| Lowest Accepted Price | 100.80（2.301%） |
|---|
| Weighted Avg Price | 100.85（2.295%） |
|---|
| 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 | 6.78 | 3.67 | 3.62 | 2.60 | 5.63 | +3.79 |
| Tail (sen) | 5 | 5 | 5 | 3 | 8 | -0.27 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | A (score +2.03) | (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) | 0.6 | 0.6 |
Same-tenor Auction History