Official Result (MOF)
| Auction Date | 2007-12-21 |
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| Issue Date | 2008-01-15 |
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| Issue | JGB (2-Year) No. 264(new) |
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| Coupon (%) | 0.7% |
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| Maturity | 2010-01-15 |
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| Method | price conventional |
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| Offering | ¥1.7T |
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| Competitive Bids | ¥3.7T |
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| Accepted Amount | ¥1.5T |
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| Lowest Accepted Price | 100.00(0.702%) |
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| Weighted Avg Price | 100.00(0.698%) |
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| Allotment Ratio | — |
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| Non-competitive I | ¥136.5B |
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| Non-competitive II | ¥0M |
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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264回) |
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| Legal basis | 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 |
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| Coupon dates | 毎年1月15日及び7月15日 |
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| Planned amount | ¥1.7T |
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| Bid deadline | 2007-12-21 12:00 |
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| Payment date | 2008-01-15 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 2.37 | 3.05 | 4.09 | 3.05 | 5.35 | -2.56 |
| Tail (sen) | 1 | 1 | 0 | 0 | 1 | +2.09 |
| Non-competitive take-up | 8.1% | 16.1% | |
| Grade | E (score -2.32) | (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) | 0.4 | 0.2 |
Same-tenor Auction History