Official Result (MOF)
| Auction Date | 1994-11-01 |
|---|
| Issue Date | 1994-11-21 |
|---|
| Issue | JGB (6-Year) No. 6（new） |
|---|
| Coupon (%) | 4.4% |
|---|
| Maturity | 2000-11-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥300B |
|---|
| Competitive Bids | ¥1.4T |
|---|
| Accepted Amount | ¥315.9B |
|---|
| Lowest Accepted Price | 100.07（4.385%） |
|---|
| Weighted Avg Price | 100.13（4.370%） |
|---|
| 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 | 4.37 | 1.47 | 2.75 | 1.47 | 4.00 | — |
| Tail (sen) | 6 | 38 | 17 | 2 | 38 | — |
| 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) | 1.5 | 8.1 |
Same-tenor Auction History
| Auction Date | Issue | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 1994-11-01 | JGB (6-Year) No. 6 | 4.37 | 6 | 4.370 |
| 1994-08-03 | JGB (6-Year) No. 5 | 1.47 | 38 | 3.960 |
| 1994-05-11 | JGB (6-Year) No. 4 | 4.00 | 2 | 3.497 |
| 1994-03-10 | JGB (6-Year) No. 3 | 2.37 | 19 | 3.827 |
| 1994-02-15 | JGB (6-Year) No. 2 | 3.15 | 10 | 3.255 |