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auctions / 2Y / 1992-09-03

Official Result (MOF)

Auction Date1992-09-03
Issue Date1992-09-21
IssueJGB (2-Year) No. 81(new)
Coupon (%)3.7%
Maturity1994-09-20
Methodprice conventional
Offering¥100B
Competitive Bids¥185.6B
Accepted Amount¥114.3B
Lowest Accepted Price99.95(3.726%)
Weighted Avg Price100.01(3.692%)
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/Cover1.622.742.571.173.99-1.34
Tail (sen)698217-0.42
Non-competitive take-up0.0%0.0%
GradeD (score -0.46)(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)3.45.4

Same-tenor Auction History

2.003.004.001991-071991-121992-051992-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1992-09-03JGB (2-Year) No. 811.6263.692
1992-07-29JGB (2-Year) No. 802.7493.801
1992-06-30JGB (2-Year) No. 793.0124.294
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