overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 2Y / 1994-10-12

Official Result (MOF)

Auction Date1994-10-12
Issue Date1994-10-25
IssueJGB (2-Year) No. 105(new)
Coupon (%)2.6%
Maturity1996-10-21
Methodprice conventional
Offering¥100B
Competitive Bids¥122.6B
Accepted Amount¥97.4B
Lowest Accepted Price99.61(2.806%)
Weighted Avg Price99.82(2.690%)
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/Cover1.261.402.471.266.62-0.87
Tail (sen)2199020+2.26
Non-competitive take-up0.0%0.0%
GradeE (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)11.65.0

Same-tenor Auction History

2.004.006.001993-101994-021994-061994-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1994-10-12JGB (2-Year) No. 1051.26212.690
1994-09-13JGB (2-Year) No. 1041.4092.550
1994-08-10JGB (2-Year) No. 1031.7342.386
1994-07-07JGB (2-Year) No. 1026.6252.356
1994-06-02JGB (2-Year) No. 1012.2562.373
1994-05-18JGB (2-Year) No. 1003.4602.399
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