Official Result (MOF)
| Auction Date | 1998-05-28 |
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| Issue Date | 1998-06-22 |
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| Issue | JGB (2-Year) No. 149（new） |
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| Coupon (%) | 0.5% |
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| Maturity | 2000-06-20 |
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| Method | price conventional |
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| Offering | ¥120B |
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| Competitive Bids | ¥818.8B |
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| Accepted Amount | ¥110.3B |
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| Lowest Accepted Price | 99.94（0.530%） |
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| Weighted Avg Price | 99.98（0.510%） |
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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 | 7.42 | 6.03 | 10.04 | 1.78 | 86.18 | -0.11 |
| Tail (sen) | 4 | 4 | 6 | 2 | 13 | -0.61 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | C (score +0.25) | (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) | 2.0 | 2.0 |
Same-tenor Auction History