Official Result (MOF)
| Auction Date | 1996-07-30 |
|---|
| Issue Date | 1996-08-20 |
|---|
| Issue | JGB (4-Year) No. 41（reopen） |
|---|
| Coupon (%) | 2% |
|---|
| Maturity | 2000-06-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥500B |
|---|
| Competitive Bids | ¥1.1T |
|---|
| Accepted Amount | ¥498.8B |
|---|
| Lowest Accepted Price | 99.55（2.126%） |
|---|
| Weighted Avg Price | 99.61（2.107%） |
|---|
| 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
| This | Prev | avg (12) | min | max | z |
|---|
| Bid/Cover | 2.19 | 3.36 | 2.88 | 1.93 | 3.57 | -1.20 |
| Tail (sen) | 6 | 3 | 6 | 3 | 13 | -0.09 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | D (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) | 1.9 | 0.9 |
Same-tenor Auction History