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auctions / 2Y / 2006-01-31

Official Result (MOF)

Auction Date2006-01-31
Issue Date2006-02-15
IssueJGB (2-Year) No. 241(new)
Coupon (%)0.3%
Maturity2008-02-15
Methodprice conventional
Offering¥1.7T
Competitive Bids¥4.9T
Accepted Amount¥1.5T
Lowest Accepted Price99.97(0.317%)
Weighted Avg Price99.97(0.316%)
Allotment Ratio
Non-competitive I¥141.1B
Non-competitive II¥150.7B

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241回)
Legal basis財政法(昭和22年法律第34号)第4条第1項、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条ノ2
Coupon dates毎年2月15日及び8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/Cover3.202.8954.892.89268.49-0.67
Tail (sen)00001-0.41
Non-competitive take-up15.9%8.3%
GradeC (score -0.13)(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)0.10.1

Same-tenor Auction History

0.00100.00200.002005-012005-052005-092006-01
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2006-01-31JGB (2-Year) No. 2413.2000.316
2005-12-21JGB (2-Year) No. 2402.8900.278
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