overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 2Y / 2008-05-29

Official Result (MOF)

Auction Date2008-05-29
Issue Date2008-06-16
IssueJGB (2-Year) No. 269(new)
Coupon (%)0.9%
Maturity2010-06-15
Methodprice conventional
Offering¥1.7T
Competitive Bids¥5T
Accepted Amount¥1.6T
Lowest Accepted Price99.98(0.910%)
Weighted Avg Price100.00(0.900%)
Allotment Ratio
Non-competitive I¥125.1B
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269回)
Legal basis平成20年度における公債の発行の特例に関する法律(平成20年法律第24号)第2条第1項及び特別会計に関する法律(平成19年法律第23号)第62条第1項
Coupon dates毎年6月15日及び12月15日
Planned amount¥1.7T
Bid deadline2008-05-29 12:00
Payment date2008-06-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.213.103.512.375.35-0.36
Tail (sen)21102+3.00
Non-competitive take-up7.4%7.4%
GradeE (score -1.68)(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)1.00.5

Same-tenor Auction History

4.002007-052007-092008-012008-05
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2008-05-29JGB (2-Year) No. 2693.2120.900
2008-04-24JGB (2-Year) No. 2683.1010.712
2008-03-25JGB (2-Year) No. 2672.8220.567
2008-02-28JGB (2-Year) No. 2663.6510.596
2008-01-31JGB (2-Year) No. 2652.8910.541
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