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auctions / 2Y / 1994-11-17

Official Result (MOF)

Auction Date1994-11-17
Issue Date1994-11-30
IssueJGB (2-Year) No. 106(new)
Coupon (%)2.8%
Maturity1996-11-20
Methodprice conventional
Offering¥100B
Competitive Bids¥254.8B
Accepted Amount¥119.6B
Lowest Accepted Price100.00(2.800%)
Weighted Avg Price100.11(2.739%)
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/Cover2.131.262.421.266.62-0.20
Tail (sen)112110021+0.21
Non-competitive take-up0.0%0.0%
GradeC (score -0.21)(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)6.111.6

Same-tenor Auction History

2.004.006.001993-111994-031994-071994-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1994-11-17JGB (2-Year) No. 1062.13112.739
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