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auctions / 2Y / 1993-08-31

Official Result (MOF)

Auction Date1993-08-31
Issue Date1993-09-20
IssueJGB (2-Year) No. 92(new)
Coupon (%)2.7%
Maturity1995-09-20
Methodprice conventional
Offering¥100B
Competitive Bids¥274.4B
Accepted Amount¥120B
Lowest Accepted Price100.01(2.694%)
Weighted Avg Price100.07(2.658%)
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/Cover2.291.491.761.132.74+1.13
Tail (sen)648223-0.36
Non-competitive take-up0.0%0.0%
GradeB (score +0.74)(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)3.62.5

Same-tenor Auction History

2.001992-071992-121993-041993-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1993-08-31JGB (2-Year) No. 922.2962.658
1993-07-27JGB (2-Year) No. 911.4942.775
1993-06-29JGB (2-Year) No. 901.8252.875
1993-05-27JGB (2-Year) No. 891.13233.015
1993-04-22JGB (2-Year) No. 881.18152.866
1993-04-06JGB (2-Year) No. 871.31112.824
1993-02-09JGB (2-Year) No. 861.8452.853
1993-01-12JGB (2-Year) No. 852.1553.085
1992-12-01JGB (2-Year) No. 842.2253.448
1992-10-27JGB (2-Year) No. 831.4663.598
1992-10-06JGB (2-Year) No. 822.1623.688
1992-09-03JGB (2-Year) No. 811.6263.692
1992-07-29JGB (2-Year) No. 802.7493.801