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auctions / 2Y / 1984-01-19

Official Result (MOF)

Auction Date1984-01-19
Issue Date1984-02-03
IssueJGB (2-Year) No. 18(new)
Coupon (%)6.4%
Maturity1986-02-20
Methodprice conventional
Offering¥410B
Competitive Bids¥935.3B
Accepted Amount¥409.3B
Lowest Accepted Price100.13(6.328%)
Weighted Avg Price100.24(6.267%)
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/Cover2.291.581.941.412.76+0.91
Tail (sen)1126115+1.13
Non-competitive take-up0.0%0.0%
GradeC (score -0.11)(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)6.11.6

Same-tenor Auction History

1.502.002.501981-021981-101982-101984-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1984-01-19JGB (2-Year) No. 182.29116.267
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