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auctions / 2Y / 1992-06-03

Official Result (MOF)

Auction Date1992-06-03
Issue Date1992-06-22
IssueJGB (2-Year) No. 78(new)
Coupon (%)4.2%
Maturity1994-06-20
Methodprice conventional
Offering¥50B
Competitive Bids¥172.1B
Accepted Amount¥50.6B
Lowest Accepted Price99.35(4.555%)
Weighted Avg Price99.44(4.504%)
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/Cover3.401.172.271.173.99+1.64
Tail (sen)9138317+0.30
Non-competitive take-up0.0%0.0%
GradeB (score +0.67)(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)5.17.4

Same-tenor Auction History

2.003.004.001991-041991-081992-011992-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1992-06-03JGB (2-Year) No. 783.4094.504
1992-05-12JGB (2-Year) No. 771.17133.997
1992-04-09JGB (2-Year) No. 762.12173.813
1992-03-03JGB (2-Year) No. 752.23113.603
1992-01-16JGB (2-Year) No. 743.9984.291
1991-12-03JGB (2-Year) No. 732.3565.156
1991-11-07JGB (2-Year) No. 722.5535.589
1991-10-08JGB (2-Year) No. 712.0955.762
1991-08-28JGB (2-Year) No. 703.0356.114
1991-07-30JGB (2-Year) No. 692.1256.436
1991-07-03JGB (2-Year) No. 681.5896.619
1991-05-29JGB (2-Year) No. 671.7166.489
1991-04-26JGB (2-Year) No. 662.2866.476