Official Result (MOF)
| Auction Date | 2011-08-30 |
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| Issue Date | 2011-09-15 |
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| Issue | JGB (2-Year) No. 308（new） |
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| Coupon (%) | 0.1% |
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| Maturity | 2013-09-15 |
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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 | 99.92（0.140%） |
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| Weighted Avg Price | 99.93（0.136%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥175.7B |
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| Non-competitive II | ¥0M |
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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308回） |
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| Legal basis | 平成23年度における公債の発行の特例に関する法律（平成23年法律第106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 | 2011-08-30 12:00 |
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| Payment date | 2011-09-15 |
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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 | 3.62 | 4.72 | 4.64 | 3.19 | 5.75 | -1.24 |
| Tail (sen) | 1 | 1 | 0 | 0 | 1 | +1.10 |
| Non-competitive take-up | 6.8% | 19.4% | |
| Grade | E (score -1.17) | (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 | 0.3 |
Same-tenor Auction History