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auctions / 20Y / 1993-10-05

Official Result (MOF)

Auction Date1993-10-05
Issue Date1993-10-20
IssueJGB (20-Year) No. 24(new)
Coupon (%)4.7%
Maturity2014-03-20
Methodprice conventional
Offering¥350B
Competitive Bids¥1.3T
Accepted Amount¥350.6B
Lowest Accepted Price100.40(4.661%)
Weighted Avg Price100.45(4.656%)
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/Cover3.632.662.551.623.58+1.90
Tail (sen)51519451-1.08
Non-competitive take-up0.0%0.0%
GradeA (score +1.49)(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)0.51.6

Same-tenor Auction History

2.003.001990-051991-081992-111993-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1993-10-05JGB (20-Year) No. 243.6354.656
1993-07-06JGB (20-Year) No. 222.66155.336
1993-06-10JGB (20-Year) No. 232.21195.531
1993-02-02JGB (20-Year) No. 223.3245.228
1992-11-05JGB (20-Year) No. 212.8945.700
1992-09-08JGB (20-Year) No. 202.66145.616
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