Official Result (MOF)
| Auction Date | 2016-03-25 |
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| Issue Date | 2016-04-15 |
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| Issue | JGB (2-Year) No. 363(new) |
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| Coupon (%) | 0.1% |
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| Maturity | 2018-04-15 |
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| Method | price conventional |
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| Offering | ¥2.3T |
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| Competitive Bids | ¥10.6T |
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| Accepted Amount | ¥2.1T |
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| Lowest Accepted Price | 100.63(-0.211%) |
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| Weighted Avg Price | 100.65(-0.221%) |
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| Allotment Ratio | — |
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| Non-competitive I | ¥190.4B |
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| Non-competitive II | ¥114.1B |
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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363回) |
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| Legal basis | 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 |
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| Coupon dates | 毎年4月15日及び10月15日 |
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| Planned amount | ¥2.3T |
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| Bid deadline | 2016-03-25 12:00 |
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| Payment date | 2016-04-15 |
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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 | 5.01 | 4.34 | 4.29 | 3.71 | 5.18 | +1.50 |
| Tail (sen) | 2 | 2 | 1 | 0 | 2 | +4.15 |
| Non-competitive take-up | 12.6% | 18.6% | |
| Grade | E (score -1.33) | (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) | 1.0 | 0.7 |
Same-tenor Auction History