Official Result (MOF)
| Auction Date | 2011-02-24 |
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| Issue Date | 2011-03-15 |
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| Issue | JGB (2-Year) No. 302（new） |
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| Coupon (%) | 0.2% |
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| Maturity | 2013-03-15 |
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| Method | price conventional |
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| Offering | ¥2.6T |
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| Competitive Bids | ¥8.8T |
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| Accepted Amount | ¥2.4T |
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| Lowest Accepted Price | 99.91（0.245%） |
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| Weighted Avg Price | 99.92（0.241%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥205.7B |
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| Non-competitive II | ¥115.5B |
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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302回） |
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| Legal basis | 財政法（昭和22年法律第34号）第4条第1項及び平成22年度における財政運営のための公債の発行の特例等に関する法律（平成22年法律第7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、第47条及び第62条第1項 |
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| Coupon dates | 毎年3月15日及び9月15日 |
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| Planned amount | ¥2.6T |
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| Bid deadline | 2011-02-24 12:00 |
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| Payment date | 2011-03-15 |
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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 | 3.70 | 5.33 | 4.48 | 3.00 | 5.75 | -0.84 |
| Tail (sen) | 1 | 0 | 0 | 0 | 1 | +1.12 |
| Non-competitive take-up | 11.8% | 8.0% | |
| Grade | D (score -0.98) | (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 | 0.1 |
Same-tenor Auction History