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auctions / 2Y / 1994-04-19

Official Result (MOF)

Auction Date1994-04-19
Issue Date1994-04-28
IssueJGB (2-Year) No. 99(new)
Coupon (%)2.4%
Maturity1996-04-22
Methodprice conventional
Offering¥100B
Competitive Bids¥220.6B
Accepted Amount¥100.6B
Lowest Accepted Price99.64(2.590%)
Weighted Avg Price99.77(2.516%)
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/Cover2.191.901.761.133.04+0.82
Tail (sen)131511223+0.34
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)7.48.0

Same-tenor Auction History

2.003.001993-041993-071993-121994-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1994-04-19JGB (2-Year) No. 992.19132.516
1994-03-15JGB (2-Year) No. 981.90152.520
1994-02-02JGB (2-Year) No. 972.08102.292
1994-01-13JGB (2-Year) No. 961.26201.874
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