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auctions / 2Y / 1999-09-28

Official Result (MOF)

Auction Date1999-09-28
Issue Date1999-10-20
IssueJGB (2-Year) No. 165(new)
Coupon (%)0.3%
Maturity2001-10-22
Methodprice conventional
Offering¥700B
Competitive Bids¥2.1T
Accepted Amount¥687.2B
Lowest Accepted Price99.99(0.305%)
Weighted Avg Price100.01(0.294%)
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/Cover3.073.833.791.955.49-0.74
Tail (sen)22318-0.46
Non-competitive take-up0.0%0.0%
GradeC (score -0.14)(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)1.11.0

Same-tenor Auction History

2.004.001998-101999-011999-051999-09
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1999-09-28JGB (2-Year) No. 1653.0720.294
1999-08-26JGB (2-Year) No. 1643.8320.415
1999-07-27JGB (2-Year) No. 1633.3210.379
1999-06-24JGB (2-Year) No. 1622.9730.415
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