Official Result (MOF)
| Auction Date | 1998-05-26 |
|---|
| Issue Date | 1998-06-22 |
|---|
| Issue | JGB (10-Year) No. 204（new） |
|---|
| Coupon (%) | 1.6% |
|---|
| Maturity | 2008-06-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1.1T |
|---|
| Competitive Bids | ¥2.2T |
|---|
| Accepted Amount | ¥650.5B |
|---|
| Lowest Accepted Price | 100.75（1.513%） |
|---|
| Weighted Avg Price | 100.79（1.509%） |
|---|
| 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 | 3.33 | 3.60 | 3.26 | 1.97 | 5.54 | +0.08 |
| Tail (sen) | 4 | 7 | 6 | 2 | 17 | -0.58 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.33) | (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) | 0.4 | 0.8 |
Same-tenor Auction History