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auctions / 2Y / 1983-07-14

Official Result (MOF)

Auction Date1983-07-14
Issue Date1983-07-28
IssueJGB (2-Year) No. 17(new)
Coupon (%)6.8%
Maturity1985-07-20
Methodprice conventional
Offering¥200B
Competitive Bids¥338B
Accepted Amount¥213.6B
Lowest Accepted Price99.54(7.064%)
Weighted Avg Price99.56(7.048%)
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/Cover1.581.641.901.162.76-0.75
Tail (sen)246115-1.05
Non-competitive take-up0.0%0.0%
GradeC (score +0.15)(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)1.62.5

Same-tenor Auction History

2.001979-111981-101982-071983-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1983-07-14JGB (2-Year) No. 171.5827.048
1983-06-23JGB (2-Year) No. 161.6447.039
1983-02-04JGB (2-Year) No. 151.55146.921
1982-10-27JGB (2-Year) No. 142.0847.901
1982-07-14JGB (2-Year) No. 131.7687.914
1982-06-29JGB (2-Year) No. 122.07157.998
1982-02-24JGB (2-Year) No. 112.2956.975
1981-10-28JGB (2-Year) No. 102.7677.951
1981-10-16JGB (2-Year) No. 102.4157.999
1981-07-15JGB (2-Year) No. 91.8878.023
1981-02-16JGB (2-Year) No. 71.4118.455
1981-02-03JGB (2-Year) No. 61.8648.409
1979-11-19JGB (2-Year) No. 41.1627.295