Official Result (MOF)
| Auction Date | 1998-01-27 |
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| Issue Date | 1998-02-20 |
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| Issue | JGB (10-Year) No. 202（new） |
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| Coupon (%) | 2.1% |
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| Maturity | 2008-03-20 |
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| Method | price conventional |
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| Offering | ¥1T |
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| Competitive Bids | ¥3.3T |
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| Accepted Amount | ¥591.5B |
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| Lowest Accepted Price | 100.50（2.039%） |
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| Weighted Avg Price | 100.55（2.033%） |
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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 | 5.54 | 2.85 | 3.86 | 2.02 | 6.78 | +1.30 |
| Tail (sen) | 5 | 5 | 5 | 2 | 17 | -0.11 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.71) | (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