Official Result (MOF)
| Auction Date | 1987-07-27 |
|---|
| Issue Date | 1987-08-20 |
|---|
| Issue | JGB (2-Year) No. 35（new） |
|---|
| Coupon (%) | 3.3% |
|---|
| Maturity | 1989-08-21 |
|---|
| Method | price conventional |
|---|
| Offering | ¥250B |
|---|
| Competitive Bids | ¥275.6B |
|---|
| Accepted Amount | ¥254.2B |
|---|
| Lowest Accepted Price | 98.51（4.104%） |
|---|
| Weighted Avg Price | 98.92（3.876%） |
|---|
| 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 | 1.08 | 1.50 | 1.59 | 1.17 | 3.17 | -0.88 |
| Tail (sen) | 41 | 38 | 14 | 3 | 38 | +3.19 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | E (score -2.04) | (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) | 22.8 | 20.5 |
Same-tenor Auction History