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auctions / 20Y / 1992-07-02

Official Result (MOF)

Auction Date1992-07-02
Issue Date1992-07-20
IssueJGB (20-Year) No. 19(new)
Coupon (%)5.9%
Maturity2012-09-20
Methodprice conventional
Offering¥300B
Competitive Bids¥1T
Accepted Amount¥373B
Lowest Accepted Price99.75(5.927%)
Weighted Avg Price99.89(5.911%)
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/Cover2.703.582.161.293.58+0.81
Tail (sen)14827858-0.86
Non-competitive take-up0.0%0.0%
GradeB (score +0.84)(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)1.61.0

Same-tenor Auction History

2.003.001988-041989-051991-021992-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1992-07-02JGB (20-Year) No. 192.70145.911
1991-11-12JGB (20-Year) No. 183.5886.312
1991-08-01JGB (20-Year) No. 171.62246.759
1991-05-09JGB (20-Year) No. 162.11156.881
1991-02-07JGB (20-Year) No. 151.88346.717
1990-11-01JGB (20-Year) No. 142.01227.279
1990-05-10JGB (20-Year) No. 132.94516.739
1989-08-01JGB (20-Year) No. 111.60165.028
1989-05-11JGB (20-Year) No. 111.29395.171
1989-02-01JGB (20-Year) No. 102.24165.028
1988-11-01JGB (20-Year) No. 92.55185.056
1988-07-21JGB (20-Year) No. 81.35585.437
1988-04-19JGB (20-Year) No. 72.76204.993