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auctions / 4Y / 1994-04-12

Official Result (MOF)

Auction Date1994-04-12
Issue Date1994-04-25
IssueJGB (4-Year) No. 29(new)
Coupon (%)3.1%
Maturity1998-04-20
Methodprice conventional
Offering¥500B
Competitive Bids¥707.1B
Accepted Amount¥501.3B
Lowest Accepted Price98.95(3.398%)
Weighted Avg Price99.16(3.336%)
Allotment Ratio
Non-competitive I
Non-competitive II

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics calc auction-v1 / auction-v2

ThisPrevavg (12)minmaxz
Bid/Cover1.411.062.131.064.95-0.61
Tail (sen)214615646+0.50
Non-competitive take-up0.0%0.0%
GradeD (score -0.56)(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)6.213.1

Same-tenor Auction History

2.004.001985-021986-051993-121994-04
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1994-04-12JGB (4-Year) No. 291.41213.336
1994-02-24JGB (4-Year) No. 281.06463.137
1994-02-09JGB (4-Year) No. 271.7272.796
1994-01-11JGB (4-Year) No. 261.4682.257
1993-12-08JGB (4-Year) No. 261.8262.183
1993-11-10JGB (4-Year) No. 254.2772.308
1988-05-10JGB (4-Year) No. 241.29273.990
1987-04-07JGB (4-Year) No. 231.8893.714
1986-05-09JGB (4-Year) No. 221.86274.561
1985-12-05JGB (4-Year) No. 212.3496.536
1985-09-06JGB (4-Year) No. 201.12126.365
1985-03-15JGB (4-Year) No. 191.77136.730
1985-02-08JGB (4-Year) No. 184.95116.622