Official Result (MOF)
| Auction Date | 2016-10-27 |
|---|
| Issue Date | 2016-11-15 |
|---|
| Issue | JGB (2-Year) No. 370（new） |
|---|
| Coupon (%) | 0.1% |
|---|
| Maturity | 2018-11-15 |
|---|
| Method | price conventional |
|---|
| Offering | ¥2.3T |
|---|
| Competitive Bids | ¥9.2T |
|---|
| Accepted Amount | ¥2.1T |
|---|
| Lowest Accepted Price | 100.67（-0.235%） |
|---|
| Weighted Avg Price | 100.68（-0.237%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥214.8B |
|---|
| Non-competitive II | ¥314.6B |
|---|
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370回） |
|---|
| Legal basis | 特別会計に関する法律（平成19年法律第23号）第47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 | ¥2.3T |
|---|
| Bid deadline | 2016-10-27 12:00 |
|---|
| Payment date | 2016-11-15 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 4.41 | 3.78 | 4.59 | 3.78 | 5.52 | -0.37 |
| Tail (sen) | 0 | 2 | 1 | 0 | 6 | -0.63 |
| Non-competitive take-up | 20.3% | 10.0% | |
| Grade | C (score +0.13) | (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 | 0.9 |
Same-tenor Auction History