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auctions / 2Y / 1990-04-26

Official Result (MOF)

Auction Date1990-04-26
Issue Date1990-05-18
IssueJGB (2-Year) No. 54(new)
Coupon (%)6.6%
Maturity1992-05-20
Methodprice conventional
Offering¥100B
Competitive Bids¥318.6B
Accepted Amount¥109.1B
Lowest Accepted Price99.21(7.049%)
Weighted Avg Price99.25(7.023%)
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/Cover2.921.661.961.432.66+2.30
Tail (sen)42511232-0.81
Non-competitive take-up0.0%0.0%
GradeA (score +1.56)(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)2.614.4

Same-tenor Auction History

2.001988-101989-031989-101990-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1990-04-26JGB (2-Year) No. 542.9247.023
1990-03-06JGB (2-Year) No. 531.66256.723
1990-01-24JGB (2-Year) No. 521.43326.307
1989-12-05JGB (2-Year) No. 511.74125.276
1989-10-31JGB (2-Year) No. 501.4695.071
1989-08-29JGB (2-Year) No. 492.4524.817
1989-08-02JGB (2-Year) No. 482.4944.829
1989-07-05JGB (2-Year) No. 472.6684.905
1989-03-07JGB (2-Year) No. 461.54184.497
1989-02-07JGB (2-Year) No. 451.7664.015
1988-12-06JGB (2-Year) No. 442.0864.028
1988-11-08JGB (2-Year) No. 431.8974.168
1988-10-13JGB (2-Year) No. 422.3554.270