Official Result (MOF)
| Auction Date | 2000-05-25 |
|---|
| Issue Date | 2000-06-20 |
|---|
| Issue | JGB (5-Year) No. 4（new） |
|---|
| Coupon (%) | 1.1% |
|---|
| Maturity | 2005-06-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥900B |
|---|
| Competitive Bids | ¥1.9T |
|---|
| Accepted Amount | ¥888.5B |
|---|
| Lowest Accepted Price | 100.10（1.078%） |
|---|
| Weighted Avg Price | 100.12（1.074%） |
|---|
| 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 | 2.32 | 2.26 | 1.96 | 2.47 | — |
| Tail (sen) | 2 | 1 | 3 | 1 | 6 | — |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | — | (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) | 0.4 | 0.2 |
Same-tenor Auction History
| Auction Date | Issue | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2000-05-25 | JGB (5-Year) No. 4 | 2.19 | 2 | 1.074 |
| 2000-04-27 | JGB (5-Year) No. 2 | 2.32 | 1 | 1.065 |
| 2000-03-28 | JGB (5-Year) No. 3 | 2.47 | 2 | 1.277 |
| 2000-02-24 | JGB (5-Year) No. 2 | 2.27 | 2 | 1.106 |
| 2000-02-01 | JGB (5-Year) No. 1 | 1.96 | 6 | 0.948 |