Official Result (MOF)
| Auction Date | 1996-10-29 |
|---|
| Issue Date | 1996-11-20 |
|---|
| Issue | JGB (6-Year) No. 17（new） |
|---|
| Coupon (%) | 2% |
|---|
| Maturity | 2002-11-20 |
|---|
| Method | price conventional |
|---|
| Offering | ¥500B |
|---|
| Competitive Bids | ¥1.8T |
|---|
| Accepted Amount | ¥498.5B |
|---|
| Lowest Accepted Price | 100.20（1.962%） |
|---|
| Weighted Avg Price | 100.21（1.959%） |
|---|
| 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 | 3.61 | 2.57 | 3.09 | 1.15 | 4.37 | +0.62 |
| Tail (sen) | 1 | 6 | 11 | 3 | 67 | -0.56 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | B (score +0.59) | (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) | 0.3 | 1.3 |
Same-tenor Auction History