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auctions / 2Y / 2017-11-30

Official Result (MOF)

Auction Date2017-11-30
Issue Date2017-12-15
IssueJGB (2-Year) No. 383(new)
Coupon (%)0.1%
Maturity2019-12-15
Methodprice conventional
Offering¥2.2T
Competitive Bids¥8.6T
Accepted Amount¥1.8T
Lowest Accepted Price100.53(-0.164%)
Weighted Avg Price100.53(-0.166%)
Allotment Ratio
Non-competitive I¥390.9B
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383回)
Legal basis財政運営に必要な財源の確保を図るための公債の発行の特例に関する法律(平成24年法律第101号)第3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47条第1項及び第62条第1項
Coupon dates毎年6月15日及び12月15日
Planned amount¥2.2T
Bid deadline2017-11-30 12:00
Payment date2017-12-15
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.765.934.953.826.79-0.23
Tail (sen)00102-0.49
Non-competitive take-up17.8%24.4%
GradeC (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)0.20.2

Same-tenor Auction History

4.006.002016-112017-032017-072017-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2017-11-30JGB (2-Year) No. 3834.760-0.166
2017-10-26JGB (2-Year) No. 3825.930-0.143
2017-09-28JGB (2-Year) No. 3814.111-0.119
2017-08-31JGB (2-Year) No. 3804.971-0.149
2017-07-27JGB (2-Year) No. 3795.350-0.115
2017-06-27JGB (2-Year) No. 3786.790-0.103
2017-05-30JGB (2-Year) No. 3775.061-0.162
2017-04-28JGB (2-Year) No. 3765.510-0.193
2017-03-30JGB (2-Year) No. 3753.821-0.206
2017-02-28JGB (2-Year) No. 3743.932-0.252
2017-01-30JGB (2-Year) No. 3735.190-0.173
2016-12-27JGB (2-Year) No. 3724.511-0.157
2016-11-29JGB (2-Year) No. 3714.270-0.156