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auctions / 2Y / 1993-12-02

Official Result (MOF)

Auction Date1993-12-02
Issue Date1993-12-20
IssueJGB (2-Year) No. 95(new)
Coupon (%)1.8%
Maturity1995-12-20
Methodprice conventional
Offering¥150B
Competitive Bids¥295.1B
Accepted Amount¥160.6B
Lowest Accepted Price100.01(1.794%)
Weighted Avg Price100.12(1.735%)
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/Cover1.843.041.811.133.04+0.05
Tail (sen)1128223+0.53
Non-competitive take-up0.0%0.0%
GradeC (score -0.24)(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)5.91.4

Same-tenor Auction History

2.003.001992-101993-041993-071993-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1993-12-02JGB (2-Year) No. 951.84111.735
1993-11-02JGB (2-Year) No. 943.0422.212
1993-10-13JGB (2-Year) No. 931.8392.250
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