Official Result (MOF)
| Auction Date | 1996-07-09 |
|---|
| Issue Date | 1996-07-22 |
|---|
| Issue | JGB (20-Year) No. 33（reopen） |
|---|
| Coupon (%) | 3.8% |
|---|
| Maturity | 2016-09-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥400B |
|---|
| Competitive Bids | ¥1.2T |
|---|
| Accepted Amount | ¥398.7B |
|---|
| Lowest Accepted Price | 99.05（3.884%） |
|---|
| Weighted Avg Price | 99.15（3.874%） |
|---|
| 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
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 2.98 | 2.37 | 2.76 | 2.02 | 3.57 | +0.49 |
| Tail (sen) | 10 | 23 | 13 | 6 | 23 | -0.48 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.49) | (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) | 1.0 | 2.1 |
Same-tenor Auction History