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auctions / 2Y / 2024-07-26

Official Result (MOF)

Auction Date2024-07-26
Issue Date2024-08-01
IssueJGB (2-Year) No. 463(new)
Coupon (%)0.4%
Maturity2026-08-01
Methodprice conventional
Offering¥2.6T
Competitive Bids¥8.3T
Accepted Amount¥2T
Lowest Accepted Price99.97(0.412%)
Weighted Avg Price99.98(0.409%)
Allotment Ratio
Non-competitive I¥623.9B
Non-competitive II¥226.4B

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463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2月1日及び8月1日
Planned amount¥2.6T
Bid deadline2024-07-26 11:50
Payment date2024-08-01
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover4.193.833.522.914.07+1.88
Tail (sen)11112-1.20
Non-competitive take-up30.1%30.0%
GradeA (score +1.54)(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)0.30.4

Same-tenor Auction History

3.003.504.002023-072023-112024-032024-07
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-07-26JGB (2-Year) No. 4634.1910.409
2024-06-27JGB (2-Year) No. 4623.8310.378
2024-05-30JGB (2-Year) No. 4613.7810.418
2024-04-23JGB (2-Year) No. 4603.4810.303
2024-03-29JGB (2-Year) No. 4594.0710.187
2024-02-29JGB (2-Year) No. 4583.6210.180
2024-01-30JGB (2-Year) No. 4573.7410.075
2023-12-26JGB (2-Year) No. 4563.3420.064
2023-11-30JGB (2-Year) No. 4552.9110.046
2023-10-30JGB (2-Year) No. 4543.0420.106
2023-09-28JGB (2-Year) No. 4533.2710.045
2023-08-29JGB (2-Year) No. 4523.2120.011
2023-07-27JGB (2-Year) No. 4513.951-0.045