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auctions / 20Y / 2002-02-13

Official Result (MOF)

Auction Date2002-02-13
Issue Date2002-02-20
IssueJGB (20-Year) No. 54(new)
Coupon (%)2.2%
Maturity2021-12-20
Methodprice conventional
Offering¥600B
Competitive Bids¥1.1T
Accepted Amount¥599.4B
Lowest Accepted Price99.80(2.214%)
Weighted Avg Price100.16(2.188%)
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/Cover1.901.811.901.382.56-0.01
Tail (sen)36811331+3.43
Non-competitive take-up0.0%0.0%
GradeE (score -1.72)(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)2.60.6

Same-tenor Auction History

1.502.002.501999-072000-072001-062002-02
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2002-02-13JGB (20-Year) No. 541.90362.188
2001-12-06JGB (20-Year) No. 531.8182.090
2001-10-10JGB (20-Year) No. 521.7692.037
2001-08-02JGB (20-Year) No. 511.38152.049
2001-06-12JGB (20-Year) No. 501.6641.842
2001-04-03JGB (20-Year) No. 502.5631.819
2001-01-17JGB (20-Year) No. 491.68182.147
2000-10-04JGB (20-Year) No. 481.8862.447
2000-07-05JGB (20-Year) No. 471.96122.145
2000-04-05JGB (20-Year) No. 462.0892.218
2000-01-20JGB (20-Year) No. 452.2392.408
1999-10-05JGB (20-Year) No. 442.12112.495
1999-07-01JGB (20-Year) No. 431.71312.829