overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 2Y / 1999-05-27

Official Result (MOF)

Auction Date1999-05-27
Issue Date1999-06-21
IssueJGB (2-Year) No. 161(new)
Coupon (%)0.1%
Maturity2001-06-20
Methodprice conventional
Offering¥500B
Competitive Bids¥2.2T
Accepted Amount¥491.8B
Lowest Accepted Price99.96(0.120%)
Weighted Avg Price99.98(0.110%)
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/Cover4.515.074.311.957.42+0.14
Tail (sen)22418-0.88
Non-competitive take-up0.0%0.0%
GradeB (score +0.51)(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)1.01.0

Same-tenor Auction History

2.004.006.001998-051998-101999-011999-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1999-05-27JGB (2-Year) No. 1614.5120.110
1999-04-27JGB (2-Year) No. 1605.0720.204
1999-03-30JGB (2-Year) No. 1594.3110.369
1999-02-25JGB (2-Year) No. 1585.4940.450
1999-01-28JGB (2-Year) No. 1573.2320.625
1998-12-22JGB (2-Year) No. 1561.9580.655
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