Official Result (MOF)
| Auction Date | 2004-09-16 |
|---|
| Issue Date | 2004-09-27 |
|---|
| Issue | JGB (20-Year) No. 72（new） |
|---|
| Coupon (%) | 2.1% |
|---|
| Maturity | 2024-09-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥600B |
|---|
| Competitive Bids | ¥2.6T |
|---|
| Accepted Amount | ¥599.4B |
|---|
| Lowest Accepted Price | 100.10（2.092%） |
|---|
| Weighted Avg Price | 100.18（2.087%） |
|---|
| 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 | 4.26 | 3.32 | 2.60 | 1.62 | 3.32 | +3.02 |
| Tail (sen) | 8 | 4 | 10 | 4 | 28 | -0.38 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | A (score +1.70) | (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) | 0.5 | 0.3 |
Same-tenor Auction History