Official Result (MOF)
| Auction Date | 2017-03-30 |
|---|
| Issue Date | 2017-04-17 |
|---|
| Issue | JGB (2-Year) No. 375（new） |
|---|
| Coupon (%) | 0.1% |
|---|
| Maturity | 2019-04-15 |
|---|
| Method | price conventional |
|---|
| Offering | ¥2.2T |
|---|
| Competitive Bids | ¥7.6T |
|---|
| Accepted Amount | ¥2T |
|---|
| Lowest Accepted Price | 100.60（-0.199%） |
|---|
| Weighted Avg Price | 100.61（-0.206%） |
|---|
| Allotment Ratio | — |
|---|
| Non-competitive I | ¥211.1B |
|---|
| Non-competitive II | ¥77.8B |
|---|
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375回） |
|---|
| 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 |
|---|
| Coupon dates | 毎年4月15日及び10月15日 |
|---|
| Planned amount | ¥2.2T |
|---|
| Bid deadline | 2017-03-30 12:00 |
|---|
| Payment date | 2017-04-17 |
|---|
| Non-competitive II | held |
|---|
| Price terms | — |
|---|
Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 3.82 | 3.93 | 4.51 | 3.78 | 5.52 | -1.33 |
| Tail (sen) | 1 | 2 | 1 | 0 | 6 | -0.05 |
| Non-competitive take-up | 12.7% | 12.1% | |
| Grade | D (score -0.64) | (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) | 0.7 | 1.2 |
Same-tenor Auction History