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auctions / 2Y / 2011-04-26

Official Result (MOF)

Auction Date2011-04-26
Issue Date2011-05-16
IssueJGB (2-Year) No. 304(new)
Coupon (%)0.2%
Maturity2013-05-15
Methodprice conventional
Offering¥2.6T
Competitive Bids¥12.4T
Accepted Amount¥2.4T
Lowest Accepted Price99.98(0.210%)
Weighted Avg Price99.98(0.208%)
Allotment Ratio
Non-competitive I¥187.4B
Non-competitive II¥350.5B

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304回)
Legal basis財政法(昭和22年法律第34号)第4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
Coupon dates毎年5月15日及び11月15日
Planned amount¥2.6T
Bid deadline2011-04-26 12:00
Payment date2011-05-16
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover5.134.774.583.195.75+0.65
Tail (sen)00001-0.08
Non-competitive take-up18.3%18.9%
GradeB (score +0.36)(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)0.20.2

Same-tenor Auction History

4.005.002010-042010-082010-122011-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-04-26JGB (2-Year) No. 3045.1300.208
2011-03-24JGB (2-Year) No. 3034.7700.230
2011-02-24JGB (2-Year) No. 3023.7010.241
2011-01-27JGB (2-Year) No. 3015.3300.196
2010-12-22JGB (2-Year) No. 3003.5010.229
2010-11-25JGB (2-Year) No. 2993.1900.171
2010-10-27JGB (2-Year) No. 2985.5400.139
2010-09-28JGB (2-Year) No. 2975.7500.140
2010-08-26JGB (2-Year) No. 2964.7500.122
2010-07-27JGB (2-Year) No. 2955.6700.149
2010-06-24JGB (2-Year) No. 2944.3100.153
2010-05-27JGB (2-Year) No. 2933.6800.161
2010-04-27JGB (2-Year) No. 2924.7310.164