Official Result (MOF)
| Auction Date | 2008-01-31 |
|---|
| Issue Date | 2008-02-15 |
|---|
| Issue | JGB (2-Year) No. 265（new） |
|---|
| Coupon (%) | 0.5% |
|---|
| Maturity | 2010-02-15 |
|---|
| Method | price conventional |
|---|
| Offering | ¥1.7T |
|---|
| Competitive Bids | ¥4.5T |
|---|
| Accepted Amount | ¥1.6T |
|---|
| Lowest Accepted Price | 99.91（0.548%） |
|---|
| Weighted Avg Price | 99.92（0.541%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥117.6B |
|---|
| 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265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2月15日及び8月15日 |
|---|
| Planned amount | ¥1.7T |
|---|
| Bid deadline | 2008-01-31 12:00 |
|---|
| Payment date | 2008-02-15 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 2.89 | 2.37 | 3.94 | 2.37 | 5.35 | -1.27 |
| Tail (sen) | 1 | 1 | 0 | 0 | 1 | +3.92 |
| Non-competitive take-up | 7.0% | 8.1% | |
| Grade | E (score -2.59) | (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) | 0.7 | 0.4 |
Same-tenor Auction History