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auctions / 20Y / 1994-12-13

Official Result (MOF)

Auction Date1994-12-13
Issue Date1994-12-26
IssueJGB (20-Year) No. 27(reopen)
Coupon (%)5%
Maturity2014-09-22
Methodprice conventional
Offering¥300B
Competitive Bids¥924B
Accepted Amount¥296B
Lowest Accepted Price100.35(4.964%)
Weighted Avg Price100.42(4.957%)
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/Cover3.122.472.812.023.63+0.64
Tail (sen)71613423-0.93
Non-competitive take-up0.0%0.0%
GradeB (score +0.78)(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)0.71.7

Same-tenor Auction History

2.003.001991-111993-021993-121994-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1994-12-13JGB (20-Year) No. 273.1274.957
1994-11-08JGB (20-Year) No. 272.47165.084
1994-09-08JGB (20-Year) No. 272.02115.008
1994-05-19JGB (20-Year) No. 262.63224.483
1993-12-21JGB (20-Year) No. 253.02233.919
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