overview news curve bonds auctions calendar T-Bill pd supply boj policy cpi debt holders rv strips swap world annual
auctions / 4Y / 1998-10-06

Official Result (MOF)

Auction Date1998-10-06
Issue Date1998-10-20
IssueJGB (4-Year) No. 52(new)
Coupon (%)0.6%
Maturity2002-10-21
Methodprice conventional
Offering¥700B
Competitive Bids¥2.4T
Accepted Amount¥696.6B
Lowest Accepted Price99.75(0.664%)
Weighted Avg Price99.79(0.653%)
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/Cover3.392.592.631.823.22+1.78
Tail (sen)446314-0.49
Non-competitive take-up0.0%0.0%
GradeA (score +1.13)(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)1.11.1

Same-tenor Auction History

2.003.001996-101997-051998-021998-10
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
1998-10-06JGB (4-Year) No. 523.3940.653
1998-07-28JGB (4-Year) No. 512.5941.007
1998-06-02JGB (4-Year) No. 503.1240.825
1998-04-01JGB (4-Year) No. 492.6431.173
1998-02-03JGB (4-Year) No. 482.9441.374
1997-12-02JGB (4-Year) No. 472.4951.098
1997-10-02JGB (4-Year) No. 472.6251.141
1997-07-29JGB (4-Year) No. 463.2231.380
1997-05-27JGB (4-Year) No. 451.91141.955
1997-04-01JGB (4-Year) No. 441.8271.197
1997-02-04JGB (4-Year) No. 442.3591.228
1996-12-03JGB (4-Year) No. 432.8451.249
1996-10-01JGB (4-Year) No. 423.0431.662