overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 2Y / 1998-11-27

Official Result (MOF)

Auction Date1998-11-27
Issue Date1998-12-21
IssueJGB (2-Year) No. 155(new)
Coupon (%)0.4%
Maturity2000-12-20
Methodprice conventional
Offering¥150B
Competitive Bids¥525.2B
Accepted Amount¥139.5B
Lowest Accepted Price99.98(0.410%)
Weighted Avg Price100.00(0.400%)
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/Cover3.764.2411.232.6386.18-0.33
Tail (sen)235313-1.20
Non-competitive take-up0.0%0.0%
GradeB (score +0.43)(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)1.01.6

Same-tenor Auction History

0.0050.001997-111998-031998-071998-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1998-11-27JGB (2-Year) No. 1553.7620.400
1998-10-23JGB (2-Year) No. 1544.2430.384
1998-10-01JGB (2-Year) No. 1532.7640.380
1998-08-27JGB (2-Year) No. 1522.6350.545
1998-07-24JGB (2-Year) No. 1515.9930.660
1998-06-25JGB (2-Year) No. 1504.8660.540
1998-05-28JGB (2-Year) No. 1497.4240.510
1998-04-23JGB (2-Year) No. 1486.0340.674
1998-03-26JGB (2-Year) No. 1472.8970.694
1998-02-26JGB (2-Year) No. 14686.1840.676
1998-01-29JGB (2-Year) No. 1453.29130.677
1997-12-25JGB (2-Year) No. 1443.6180.551
1997-11-28JGB (2-Year) No. 1434.8330.553