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auctions / 2Y / 2007-11-29

Official Result (MOF)

Auction Date2007-11-29
Issue Date2007-12-17
IssueJGB (2-Year) No. 263(new)
Coupon (%)0.8%
Maturity2009-12-15
Methodprice conventional
Offering¥1.7T
Competitive Bids¥4.7T
Accepted Amount¥1.5T
Lowest Accepted Price100.04(0.779%)
Weighted Avg Price100.05(0.777%)
Allotment Ratio
Non-competitive I¥148.9B
Non-competitive II¥145.3B

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263回)
Legal basis財政法(昭和22年法律第34号)第4条第1項及び平成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、第47条及び附則第76条第1項
Coupon dates毎年6月15日及び12月15日
Planned amount¥1.7T
Bid deadline2007-11-29 12:00
Payment date2007-12-17
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.053.684.143.265.35-1.76
Tail (sen)10001+0.70
Non-competitive take-up16.1%9.7%
GradeE (score -1.23)(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)0.20.1

Same-tenor Auction History

3.004.005.002006-112007-032007-072007-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-11-29JGB (2-Year) No. 2633.0510.777
2007-10-30JGB (2-Year) No. 2623.6800.778
2007-09-27JGB (2-Year) No. 2613.4510.878
2007-08-30JGB (2-Year) No. 2604.8700.873
2007-07-31JGB (2-Year) No. 2593.2601.010
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