Official Result (MOF)
| Auction Date | 1996-07-02 |
|---|
| Issue Date | 1996-07-22 |
|---|
| Issue | JGB (6-Year) No. 15（new） |
|---|
| Coupon (%) | 2.5% |
|---|
| Maturity | 2002-07-22 |
|---|
| Method | price conventional |
|---|
| Offering | ¥500B |
|---|
| Competitive Bids | ¥1.7T |
|---|
| Accepted Amount | ¥499.4B |
|---|
| Lowest Accepted Price | 99.64（2.569%） |
|---|
| Weighted Avg Price | 99.67（2.562%） |
|---|
| 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 | 3.39 | 3.76 | 3.05 | 1.15 | 4.37 | +0.34 |
| Tail (sen) | 3 | 4 | 13 | 2 | 67 | -0.55 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.44) | (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) | 0.7 | 0.8 |
Same-tenor Auction History