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auctions / 2Y / 2005-11-29

Official Result (MOF)

Auction Date2005-11-29
Issue Date2005-12-15
IssueJGB (2-Year) No. 239(new)
Coupon (%)0.2%
Maturity2007-12-15
Methodprice conventional
Offering¥1.7T
Competitive Bids¥5.3T
Accepted Amount¥1.6T
Lowest Accepted Price99.91(0.245%)
Weighted Avg Price99.91(0.243%)
Allotment Ratio
Non-competitive I¥130.5B
Non-competitive II¥0M

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239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条ノ2
Coupon dates毎年6月15日及び12月15日
Planned amount
Bid deadline
Payment date
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.434.6462.093.56268.49-0.78
Tail (sen)01001-0.45
Non-competitive take-up7.7%12.9%
GradeC (score -0.17)(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)0.20.3

Same-tenor Auction History

0.00100.00200.002004-112005-032005-072005-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2005-11-29JGB (2-Year) No. 2393.4300.243
2005-10-27JGB (2-Year) No. 2384.6410.276
2005-09-27JGB (2-Year) No. 2373.9200.186
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