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auctions / 10Y / 1998-10-21

Official Result (MOF)

Auction Date1998-10-21
Issue Date1998-11-20
IssueJGB (10-Year) No. 207(reopen)
Coupon (%)0.9%
Maturity2008-12-22
Methodprice conventional
Offering¥1.4T
Competitive Bids¥1.9T
Accepted Amount¥827.9B
Lowest Accepted Price100.00(0.900%)
Weighted Avg Price100.04(0.895%)
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/Cover2.322.343.181.975.54-0.84
Tail (sen)466117-0.44
Non-competitive take-up0.0%0.0%
GradeC (score -0.20)(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)0.50.6

Same-tenor Auction History

2.004.001997-101998-021998-061998-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1998-10-21JGB (10-Year) No. 2072.3240.895
1998-09-29JGB (10-Year) No. 2072.3460.828
1998-08-25JGB (10-Year) No. 2064.4211.396
1998-07-22JGB (10-Year) No. 2053.1121.721
1998-06-23JGB (10-Year) No. 2043.8711.529
1998-05-26JGB (10-Year) No. 2043.3341.509
1998-04-21JGB (10-Year) No. 2033.6071.809
1998-03-24JGB (10-Year) No. 2031.97121.809
1998-02-24JGB (10-Year) No. 2012.2061.857
1998-01-27JGB (10-Year) No. 2025.5452.033
1998-01-08JGB (10-Year) No. 2012.8551.852
1997-11-26JGB (10-Year) No. 2002.02171.991
1997-10-21JGB (10-Year) No. 2002.8651.928