overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 2Y / 2007-12-21

Official Result (MOF)

Auction Date2007-12-21
Issue Date2008-01-15
IssueJGB (2-Year) No. 264(new)
Coupon (%)0.7%
Maturity2010-01-15
Methodprice conventional
Offering¥1.7T
Competitive Bids¥3.7T
Accepted Amount¥1.5T
Lowest Accepted Price100.00(0.702%)
Weighted Avg Price100.00(0.698%)
Allotment Ratio
Non-competitive I¥136.5B
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264回)
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
Coupon dates毎年1月15日及び7月15日
Planned amount¥1.7T
Bid deadline2007-12-21 12:00
Payment date2008-01-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover2.373.054.093.055.35-2.56
Tail (sen)11001+2.09
Non-competitive take-up8.1%16.1%
GradeE (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)0.40.2

Same-tenor Auction History

4.002006-122007-042007-082007-12
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2007-12-21JGB (2-Year) No. 2642.3710.698
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