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auctions / 2Y / 2011-06-23

Official Result (MOF)

Auction Date2011-06-23
Issue Date2011-07-15
IssueJGB (2-Year) No. 306(new)
Coupon (%)0.2%
Maturity2013-07-15
Methodprice conventional
Offering¥2.6T
Competitive Bids¥9.6T
Accepted Amount¥2.4T
Lowest Accepted Price100.08(0.157%)
Weighted Avg Price100.09(0.152%)
Allotment Ratio
Non-competitive I¥171.4B
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306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1月15日及び7月15日
Planned amount¥2.6T
Bid deadline2011-06-23 12:00
Payment date2011-07-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.945.314.753.195.75-0.96
Tail (sen)10001+1.83
Non-competitive take-up6.6%18.1%
GradeE (score -1.39)(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)0.50.1

Same-tenor Auction History

4.005.002010-062010-102011-022011-06
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2011-06-23JGB (2-Year) No. 3063.9410.152
2011-05-30JGB (2-Year) No. 3055.3100.173
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