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auctions / 10Y / 1999-03-24

Official Result (MOF)

Auction Date1999-03-24
Issue Date1999-04-20
IssueJGB (10-Year) No. 211(new)
Coupon (%)1.8%
Maturity2009-06-22
Methodprice conventional
Offering¥1.4T
Competitive Bids¥1.3T
Accepted Amount¥828B
Lowest Accepted Price99.10(1.907%)
Weighted Avg Price99.24(1.890%)
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/Cover1.572.132.801.694.42-1.52
Tail (sen)1446112+2.52
Non-competitive take-up0.0%0.0%
GradeE (score -2.02)(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)1.70.4

Same-tenor Auction History

2.003.004.001998-031998-071998-111999-03
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1999-03-24JGB (10-Year) No. 2111.57141.890
1999-02-23JGB (10-Year) No. 2102.1341.836
1999-01-26JGB (10-Year) No. 2101.6991.853
1999-01-07JGB (10-Year) No. 2092.22101.869
1998-11-25JGB (10-Year) No. 2082.6560.972
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