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auctions / 10Y / 1999-09-21

Official Result (MOF)

Auction Date1999-09-21
Issue Date1999-10-20
IssueJGB (10-Year) No. 216(new)
Coupon (%)1.7%
Maturity2009-12-21
Methodprice conventional
Offering¥1.4T
Competitive Bids¥1.5T
Accepted Amount¥828B
Lowest Accepted Price99.90(1.711%)
Weighted Avg Price99.95(1.705%)
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/Cover1.811.412.051.412.65-0.70
Tail (sen)5159318-0.81
Non-competitive take-up0.0%0.0%
GradeC (score +0.06)(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)0.61.8

Same-tenor Auction History

1.502.002.501998-091999-011999-051999-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1999-09-21JGB (10-Year) No. 2161.8151.705
1999-08-24JGB (10-Year) No. 2151.41151.917
1999-07-22JGB (10-Year) No. 2141.91101.700
1999-06-22JGB (10-Year) No. 2141.92181.673
1999-05-25JGB (10-Year) No. 2132.1631.311
1999-04-21JGB (10-Year) No. 2122.3261.435
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