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auctions / 2Y / 2007-06-26

Official Result (MOF)

Auction Date2007-06-26
Issue Date2007-07-17
IssueJGB (2-Year) No. 258(new)
Coupon (%)1%
Maturity2009-07-15
Methodprice conventional
Offering¥1.7T
Competitive Bids¥5.4T
Accepted Amount¥1.5T
Lowest Accepted Price99.95(1.025%)
Weighted Avg Price99.96(1.022%)
Allotment Ratio
Non-competitive I¥156.4B
Non-competitive II¥99.7B

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258回)
Legal basis平成19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19年法律第25号)第2条第1項並びに特別会計に関する法律(平成19年法律第23号)第46条第1項及び附則第76条第1項
Coupon dates毎年1月15日及び7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/Cover3.585.353.932.225.35-0.44
Tail (sen)10103+0.06
Non-competitive take-up14.4%11.3%
GradeC (score -0.25)(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)0.30.1

Same-tenor Auction History

4.002006-062006-102007-022007-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-06-26JGB (2-Year) No. 2583.5811.022
2007-05-29JGB (2-Year) No. 2575.3500.973
2007-04-26JGB (2-Year) No. 2564.3310.866
2007-03-23JGB (2-Year) No. 2554.0210.804
2007-02-27JGB (2-Year) No. 2544.7000.832
2007-01-30JGB (2-Year) No. 2534.5600.746
2006-12-21JGB (2-Year) No. 2524.2100.791
2006-11-28JGB (2-Year) No. 2513.6200.814
2006-10-26JGB (2-Year) No. 2504.0100.783
2006-09-28JGB (2-Year) No. 2493.5410.661
2006-08-29JGB (2-Year) No. 2482.2230.691
2006-07-27JGB (2-Year) No. 2473.2700.814
2006-06-27JGB (2-Year) No. 2463.2810.844