Official Result (MOF)
| Auction Date | 1991-11-07 |
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| Issue Date | 1991-11-20 |
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| Issue | JGB (2-Year) No. 72(new) |
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| Coupon (%) | 5.5% |
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| Maturity | 1993-11-22 |
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| Method | price conventional |
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| Offering | ¥100B |
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| Competitive Bids | ¥273.8B |
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| Accepted Amount | ¥107.4B |
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| Lowest Accepted Price | 99.80(5.610%) |
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| Weighted Avg Price | 99.83(5.589%) |
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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 |
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| Bid/Cover | 2.55 | 2.09 | 2.06 | 1.49 | 3.34 | +0.88 |
| Tail (sen) | 3 | 5 | 7 | 2 | 15 | -1.14 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | A (score +1.01) | (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) | 2.1 | 3.2 |
Same-tenor Auction History