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auctions / 2Y / 1986-11-11

Official Result (MOF)

Auction Date1986-11-11
Issue Date1986-11-20
IssueJGB (2-Year) No. 30(new)
Coupon (%)4.3%
Maturity1988-11-21
Methodprice conventional
Offering¥150B
Competitive Bids¥266.8B
Accepted Amount¥164.9B
Lowest Accepted Price99.36(4.648%)
Weighted Avg Price99.44(4.600%)
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/Cover1.621.341.461.172.29+0.47
Tail (sen)81512219-0.79
Non-competitive take-up0.0%0.0%
GradeB (score +0.63)(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)4.88.4

Same-tenor Auction History

1.502.001983-071985-051986-021986-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1986-11-11JGB (2-Year) No. 301.6284.600
1986-10-07JGB (2-Year) No. 291.34154.736
1986-07-31JGB (2-Year) No. 281.20174.656
1986-06-05JGB (2-Year) No. 271.19194.475
1986-02-07JGB (2-Year) No. 261.6475.609
1985-12-05JGB (2-Year) No. 251.17136.415
1985-09-06JGB (2-Year) No. 241.33126.119
1985-07-05JGB (2-Year) No. 231.25116.242
1985-05-09JGB (2-Year) No. 211.31136.457
1985-01-09JGB (2-Year) No. 201.9875.875
1984-04-24JGB (2-Year) No. 191.23116.155
1984-01-19JGB (2-Year) No. 182.29116.267
1983-07-14JGB (2-Year) No. 171.5827.048