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auctions / 2Y / 2005-08-30

Official Result (MOF)

Auction Date2005-08-30
Issue Date2005-09-20
IssueJGB (2-Year) No. 236(new)
Coupon (%)0.2%
Maturity2007-09-20
Methodprice conventional
Offering¥1.7T
Competitive Bids¥7.1T
Accepted Amount¥1.6T
Lowest Accepted Price100.08(0.162%)
Weighted Avg Price100.08(0.159%)
Allotment Ratio
Non-competitive I¥129B
Non-competitive II¥147.9B

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236回)
Legal basis平成17年度における財政運営のための公債の発行の特例等に関する法律(平成17年法律第19号)第2条第1項及び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
Coupon dates毎年3月20日及び9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/Cover4.563.5672.913.56268.49-0.96
Tail (sen)11001+0.47
Non-competitive take-up15.1%11.5%
GradeD (score -0.71)(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)0.30.3

Same-tenor Auction History

0.00100.00200.002004-082004-122005-042005-08
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2005-08-30JGB (2-Year) No. 2364.5610.159
2005-07-28JGB (2-Year) No. 2353.5610.114
2005-06-28JGB (2-Year) No. 234268.4900.069
2005-05-26JGB (2-Year) No. 23382.1210.074
2005-04-26JGB (2-Year) No. 232135.1310.074
2005-03-24JGB (2-Year) No. 23175.2400.120
2005-02-24JGB (2-Year) No. 2307.3310.105
2005-01-27JGB (2-Year) No. 22967.3400.094
2004-12-22JGB (2-Year) No. 22880.2800.094
2004-11-25JGB (2-Year) No. 22712.4310.084
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