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auctions / 2Y / 2004-10-28

Official Result (MOF)

Auction Date2004-10-28
Issue Date2004-11-22
IssueJGB (2-Year) No. 226(new)
Coupon (%)0.1%
Maturity2006-11-20
Methodprice conventional
Offering¥1.7T
Competitive Bids¥161.9T
Accepted Amount¥1.7T
Lowest Accepted Price99.97(0.115%)
Weighted Avg Price99.97(0.115%)
Allotment Ratio
Non-competitive I
Non-competitive II¥6.2B

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Offering Terms (from MOF notice) documents →

Official name利付国庫債券(2年)(第226回)
Legal basis財政融資資金特別会計法(昭和26年法律第101号)第11条第1項並びに国債整理基金特別会計法(明治39年法律第6号)第5条第1項及び第5条ノ2
Coupon dates毎年5月20日及び11月20日
Planned amount
Bid deadline
Payment date
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover96.1141.2450.812.66159.87+0.88
Tail (sen)00102-0.77
Non-competitive take-up0.4%0.0%
GradeB (score +0.83)(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)0.00.0

Same-tenor Auction History

0.00100.002003-102004-022004-062004-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2004-10-28JGB (2-Year) No. 22696.1100.115
2004-09-28JGB (2-Year) No. 22541.2400.130
2004-08-26JGB (2-Year) No. 2245.7000.169
2004-07-29JGB (2-Year) No. 2236.0010.210
2004-06-29JGB (2-Year) No. 22215.8120.184
2004-05-27JGB (2-Year) No. 221159.8700.135
2004-04-28JGB (2-Year) No. 22072.0400.130
2004-03-25JGB (2-Year) No. 219116.9700.110
2004-02-26JGB (2-Year) No. 21863.3000.064
2004-01-29JGB (2-Year) No. 217109.8010.069
2003-12-25JGB (2-Year) No. 21612.9710.135
2003-11-27JGB (2-Year) No. 2152.6610.160
2003-10-30JGB (2-Year) No. 2143.3100.140