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auctions / 10Y / 1997-11-26

Official Result (MOF)

Auction Date1997-11-26
Issue Date1997-12-22
IssueJGB (10-Year) No. 200(reopen)
Coupon (%)2%
Maturity2007-12-20
Methodprice conventional
Offering¥1T
Competitive Bids¥1.2T
Accepted Amount¥591.4B
Lowest Accepted Price99.90(2.012%)
Weighted Avg Price100.07(1.991%)
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/Cover2.022.864.112.766.78-1.84
Tail (sen)175428+7.78
Non-competitive take-up0.0%0.0%
GradeE (score -4.81)(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)2.10.6

Same-tenor Auction History

2.004.006.001996-111997-031997-071997-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1997-11-26JGB (10-Year) No. 2002.02171.991
1997-10-21JGB (10-Year) No. 2002.8651.928
1997-09-25JGB (10-Year) No. 1992.7652.139
1997-08-26JGB (10-Year) No. 1984.1662.249
1997-07-23JGB (10-Year) No. 1942.8822.422
1997-06-24JGB (10-Year) No. 1973.9322.572
1997-05-21JGB (10-Year) No. 1964.2842.594
1997-04-22JGB (10-Year) No. 1956.7852.295
1997-03-25JGB (10-Year) No. 1943.6752.506
1997-02-25JGB (10-Year) No. 1934.5452.543
1997-01-28JGB (10-Year) No. 1935.6342.495
1997-01-09JGB (10-Year) No. 1924.5032.633
1996-11-26JGB (10-Year) No. 1913.3682.751