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auctions / 15Y / 2005-11-17

Official Result (MOF)

Auction Date2005-11-17
Issue Date2005-11-25
IssueFloating-Rate JGB (15-Year) No. 37(new)
Coupon (%)—
Maturity2020-11-20
Methodprice conventional
Offering¥1.5T
Competitive Bids¥4.1T
Accepted Amount¥1.4T
Lowest Accepted Price99.80
Weighted Avg Price99.96
Allotment Ratio—
Non-competitive I¥117B
Non-competitive II¥0M

Source: https://www.mof.go.jp/jgbs/reference/appendix/jgb_historical_data.xls

Derived Metrics

ThisPrevavg (12)minmaxz
Bid/Cover2.983.764.633.069.71-0.97
Tail (sen)163536—
Non-competitive take-up7.8%6.4%
GradeD (score -0.97)(z(B/C) − z(tail))/2 bucketed A(≥1)/B(≥0.3)/C/D(≤−0.3)/E(≤−1), vs last 12 same-tenor

Same-tenor Auction History

5.007.5010.002003-112004-072005-032005-11
Auction DateIssueBid/CoverTail (sen)Avg Yield (%)
2005-11-17Floating-Rate JGB (15-Year) No. 372.9816—
2005-09-15Floating-Rate JGB (15-Year) No. 363.763—
2005-07-21Floating-Rate JGB (15-Year) No. 353.066—
2005-05-19Floating-Rate JGB (15-Year) No. 345.09——
2005-03-15Floating-Rate JGB (15-Year) No. 335.40——
2005-01-18Floating-Rate JGB (15-Year) No. 329.71——
2004-11-11Floating-Rate JGB (15-Year) No. 314.69——
2004-09-14Floating-Rate JGB (15-Year) No. 304.53——
2004-07-20Floating-Rate JGB (15-Year) No. 294.09——
2004-05-20Floating-Rate JGB (15-Year) No. 283.96——
2004-03-11Floating-Rate JGB (15-Year) No. 274.69——
2004-01-20Floating-Rate JGB (15-Year) No. 263.38——
2003-11-18Floating-Rate JGB (15-Year) No. 253.19——