Official Result (MOF)
| Auction Date | 1999-06-29 |
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| Issue Date | 1999-07-21 |
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| Issue | JGB (6-Year) No. 32(new) |
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| Coupon (%) | 1.2% |
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| Maturity | 2005-07-21 |
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| Method | price conventional |
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| Offering | ¥1T |
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| Competitive Bids | ¥1.8T |
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| Accepted Amount | ¥997.5B |
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| Lowest Accepted Price | 100.16(1.171%) |
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| Weighted Avg Price | 100.22(1.160%) |
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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 | 1.84 | 1.93 | 2.72 | 1.93 | 3.49 | -1.76 |
| Tail (sen) | 6 | 5 | 3 | 1 | 5 | +2.34 |
| Non-competitive take-up | 0.0% | 0.0% | |
| Grade | E (score -2.05) | (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) | 1.1 | 0.9 |
Same-tenor Auction History