Official Result (MOF)
| Auction Date | 2026-04-30 |
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| Issue Date | 2026-05-01 |
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| Issue | JGB (2-Year) No. 484（new） |
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| Coupon (%) | 1.4% |
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| Maturity | 2028-05-01 |
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| Method | price conventional |
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| Offering | ¥2.8T |
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| Competitive Bids | ¥11.3T |
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| Accepted Amount | ¥2.2T |
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| Lowest Accepted Price | 99.98（1.410%） |
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| Weighted Avg Price | 99.98（1.407%） |
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| Allotment Ratio | — |
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| Non-competitive I | ¥638.7B |
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| Non-competitive II | ¥108B |
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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484回） |
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| Legal basis | 情報処理の促進に関する法律（昭和45年法律第90号）第69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46条第1項及び第62条第1項 |
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| Coupon dates | 毎年5月1日及び11月1日 |
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| Planned amount | ¥2.8T |
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| Bid deadline | 2026-04-30 11:50 |
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| Payment date | 2026-05-01 |
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| Non-competitive II | held |
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| Price terms | — |
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Derived Metrics calc auction-v1 / auction-v2
| This | Prev | avg (12) | min | max | z |
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| Bid/Cover | 5.24 | 3.54 | 3.60 | 2.81 | 4.47 | +3.33 |
| Tail (sen) | 1 | 1 | 1 | 0 | 3 | -1.06 |
| Non-competitive take-up | 25.7% | 30.3% | |
| Grade | A (score +2.20) | (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) | 0.3 | 0.6 |
Same-tenor Auction History