Official Result (MOF)
| Auction Date | 1998-02-26 |
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| Issue Date | 1998-03-20 |
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| Issue | JGB (2-Year) No. 146（new） |
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| Coupon (%) | 0.7% |
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| Maturity | 2000-03-20 |
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| Method | price conventional |
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| Offering | ¥120B |
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| Competitive Bids | ¥11.6T |
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| Accepted Amount | ¥134.4B |
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| Lowest Accepted Price | 100.00（0.700%） |
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| Weighted Avg Price | 100.04（0.676%） |
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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 |
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| Bid/Cover | 86.18 | 3.29 | 2.72 | 1.78 | 4.83 | +100.55 |
| Tail (sen) | 4 | 13 | 5 | 1 | 13 | -0.39 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | A (score +50.47) | (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) | 2.4 | 6.8 |
Same-tenor Auction History