Official Result (MOF)
| Auction Date | 1990-12-04 |
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| Issue Date | 1990-12-20 |
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| Issue | JGB (2-Year) No. 61(new) |
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| Coupon (%) | 6.9% |
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| Maturity | 1992-12-21 |
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| Method | price conventional |
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| Offering | ¥250B |
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| Competitive Bids | ¥486.5B |
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| Accepted Amount | ¥272.3B |
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| Lowest Accepted Price | 100.10(6.843%) |
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| Weighted Avg Price | 100.15(6.810%) |
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| Allotment Ratio | — |
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| Non-competitive I | — |
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| Non-competitive II | — |
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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 | 1.79 | 1.91 | 2.07 | 1.43 | 3.74 | -0.43 |
| Tail (sen) | 5 | 7 | 12 | 2 | 32 | -0.83 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | C (score +0.20) | (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) | 3.3 | 4.4 |
Same-tenor Auction History