overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 2Y / 1997-01-30

Official Result (MOF)

Auction Date1997-01-30
Issue Date1997-02-20
IssueJGB (2-Year) No. 133(new)
Coupon (%)0.6%
Maturity1999-02-22
Methodprice conventional
Offering¥120B
Competitive Bids¥270.6B
Accepted Amount¥118B
Lowest Accepted Price99.90(0.650%)
Weighted Avg Price99.94(0.625%)
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/Cover2.292.182.551.983.67-0.51
Tail (sen)44529-0.22
Non-competitive take-up0.0%0.0%
GradeC (score -0.15)(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)2.52.3

Same-tenor Auction History

2.003.001996-021996-051996-091997-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1997-01-30JGB (2-Year) No. 1332.2940.625
1996-12-25JGB (2-Year) No. 1322.1840.617
1996-11-28JGB (2-Year) No. 1312.8320.636
1996-10-24JGB (2-Year) No. 1303.6730.830
1996-09-27JGB (2-Year) No. 1291.9860.920
1996-08-23JGB (2-Year) No. 1282.3431.110
1996-07-25JGB (2-Year) No. 1272.3941.250
1996-06-27JGB (2-Year) No. 1262.3031.244
1996-05-23JGB (2-Year) No. 1253.0121.207
1996-04-25JGB (2-Year) No. 1243.1931.340
1996-03-28JGB (2-Year) No. 1232.3171.121
1996-02-23JGB (2-Year) No. 1222.3791.241
1996-02-01JGB (2-Year) No. 1211.9980.952