Official Result (MOF)
| Auction Date | 2008-10-30 |
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| Issue Date | 2008-11-17 |
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| Issue | JGB (2-Year) No. 274（new） |
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| Coupon (%) | 0.6% |
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| Maturity | 2010-11-15 |
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| Method | price conventional |
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| Offering | ¥1.8T |
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| Competitive Bids | ¥4.7T |
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| Accepted Amount | ¥1.7T |
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| Lowest Accepted Price | 100.02（0.589%） |
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| Weighted Avg Price | 100.03（0.582%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥134.6B |
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| Non-competitive II | ¥78.5B |
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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274回） |
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| 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項及び第62条第1項 |
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| Coupon dates | 毎年5月15日及び11月15日 |
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| Planned amount | ¥1.8T |
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| Bid deadline | 2008-10-30 12:00 |
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| Payment date | 2008-11-17 |
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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 | 2.83 | 3.18 | 3.13 | 2.37 | 3.85 | -0.68 |
| Tail (sen) | 1 | 1 | 1 | 0 | 2 | +1.04 |
| Non-competitive take-up | 11.4% | 13.5% | |
| Grade | D (score -0.86) | (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 | 0.3 |
Same-tenor Auction History