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auctions / 2Y / 2024-11-29

Official Result (MOF)

Auction Date2024-11-29
Issue Date2024-12-02
IssueJGB (2-Year) No. 467(new)
Coupon (%)0.6%
Maturity2026-12-01
Methodprice conventional
Offering¥2.6T
Competitive Bids¥7.2T
Accepted Amount¥2T
Lowest Accepted Price100.02(0.589%)
Weighted Avg Price100.03(0.582%)
Allotment Ratio
Non-competitive I¥620B
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467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項及び第47条第1項
Coupon dates毎年6月1日及び12月1日
Planned amount¥2.6T
Bid deadline2024-11-29 11:50
Payment date2024-12-02
Non-competitive IIheld
Price terms

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover3.634.873.932.915.54-0.45
Tail (sen)11102+0.88
Non-competitive take-up23.9%26.0%
GradeD (score -0.67)(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)0.70.3

Same-tenor Auction History

3.004.005.002023-112024-032024-072024-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2024-11-29JGB (2-Year) No. 4673.6310.582
2024-10-29JGB (2-Year) No. 4664.8710.454
2024-09-30JGB (2-Year) No. 4653.8110.392
2024-08-29JGB (2-Year) No. 4645.5400.385
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