Official Result (MOF)
| Auction Date | 2011-03-24 |
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| Issue Date | 2011-04-15 |
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| Issue | JGB (2-Year) No. 303（new） |
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| Coupon (%) | 0.2% |
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| Maturity | 2013-04-15 |
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| Method | price conventional |
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| Offering | ¥2.6T |
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| Competitive Bids | ¥11.4T |
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| Accepted Amount | ¥2.4T |
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| Lowest Accepted Price | 99.94（0.232%） |
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| Weighted Avg Price | 99.94（0.230%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥209.2B |
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| Non-competitive II | ¥348.9B |
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Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 4.77 | 3.70 | 4.43 | 3.00 | 5.75 | +0.35 |
| Tail (sen) | 0 | 1 | 0 | 0 | 1 | +0.15 |
| Non-competitive take-up | 18.9% | 11.8% | |
| Grade | C (score +0.10) | (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) | 0.2 | 0.4 |
Same-tenor Auction History