Official Result (MOF)
| Auction Date | 1998-01-13 |
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| Issue Date | 1998-01-26 |
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| Issue | JGB (6-Year) No. 23（reopen） |
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| Coupon (%) | 1.4% |
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| Maturity | 2003-11-20 |
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| Method | price conventional |
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| Offering | ¥400B |
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| Competitive Bids | ¥989.4B |
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| Accepted Amount | ¥399.2B |
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| Lowest Accepted Price | 100.26（1.351%） |
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| Weighted Avg Price | 100.28（1.347%） |
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| Allotment Ratio | — |
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| Non-competitive I | — |
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| Non-competitive II | — |
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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 |
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| Bid/Cover | 2.48 | 2.36 | 2.88 | 1.15 | 3.76 | -0.54 |
| Tail (sen) | 2 | 5 | 11 | 1 | 67 | -0.50 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | C (score -0.02) | (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 | 1.0 |
Same-tenor Auction History