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auctions / 2Y / 1999-10-26

Official Result (MOF)

Auction Date1999-10-26
Issue Date1999-11-22
IssueJGB (2-Year) No. 166(new)
Coupon (%)0.3%
Maturity2001-11-20
Methodprice conventional
Offering¥700B
Competitive Bids¥1.5T
Accepted Amount¥685.3B
Lowest Accepted Price100.02(0.289%)
Weighted Avg Price100.03(0.284%)
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/Cover2.173.073.811.955.49-1.75
Tail (sen)12318-0.93
Non-competitive take-up0.0%0.0%
GradeD (score -0.41)(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)0.51.1

Same-tenor Auction History

2.004.001998-101999-021999-061999-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1999-10-26JGB (2-Year) No. 1662.1710.284
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