Official Result (MOF)
| Auction Date | 1994-10-12 |
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| Issue Date | 1994-10-25 |
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| Issue | JGB (2-Year) No. 105(new) |
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| Coupon (%) | 2.6% |
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| Maturity | 1996-10-21 |
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| Method | price conventional |
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| Offering | ¥100B |
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| Competitive Bids | ¥122.6B |
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| Accepted Amount | ¥97.4B |
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| Lowest Accepted Price | 99.61(2.806%) |
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| Weighted Avg Price | 99.82(2.690%) |
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| Allotment Ratio | — |
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| Non-competitive I | — |
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| Non-competitive II | — |
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Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 1.26 | 1.40 | 2.47 | 1.26 | 6.62 | -0.87 |
| Tail (sen) | 21 | 9 | 9 | 0 | 20 | +2.26 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | E (score -1.57) | (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) | 11.6 | 5.0 |
Same-tenor Auction History