bonds / 20Y / JGB (20-Year) No. 107
Bond Information
| Name | JGB (20-Year) No. 107 |
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| ISIN | — |
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| Issue # | 107 |
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| Coupon (%) | 2.1% semi-annual |
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| Issue Date | 2008-12-22 |
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| Maturity | 2028-12-20 （Remaining 2.3y） |
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| Outstanding | ¥1.4T （2026-03-31・MOF） |
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| Total issued | ¥1.6T （annual report, FY-end） |
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| Statutory basis | 特例借換前倒財投 |
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| STRIPS principal | ¥200M （2026-06-30） |
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| SLF usage | last 30d —／ total ¥23.8B（last 2026-04-01・BOJ） |
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| BOJ Holding | ¥935.9B（64.9%）（as of 2026-08-31・Source: BOJ・Ratios approximate due to differing as-of dates） |
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| Status | active |
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Results
Yield Calculator (price input) | Simple Yield | 2.100 % |
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| Compound Yield | 2.0956 % |
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| Accrued Interest | 0.489041 (85 days) per 100 |
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| Settlement Amount | — |
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| Modified Duration | 2.20 |
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| Macaulay Duration | 2.22 |
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| DV01 | — |
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| Convexity | 6.0 |
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Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
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| 2026-12-20 | coupon | 1.050 |
| 2027-06-20 | coupon | 1.050 |
| 2027-12-20 | coupon | 1.050 |
| 2028-06-20 | coupon | 1.050 |
| 2028-12-20 | coupon + redemption | 101.050 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
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| 2008-12-16 | new | 2.62 | 22 | 2.066 |
Horizon total return settle 2026-09-13 ・ CMT 2026-09-10
| CMT interpolated (rem 2.3y) | 1.858 % → ref. price 100.525 |
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| G-spread (vs interpolated CMT) | — |
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| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
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| 3m 2026-12-13 | -50bp | 1.326 | 101.531 | 0.524 | +1.51% | +6.06% |
| -25bp | 1.576 | 101.031 | 0.524 | +1.02% | +4.07% |
| Unchanged (roll-down) | 1.826 | 100.534 | 0.524 | +0.53% | +2.11% |
| +25bp | 2.076 | 100.039 | 0.524 | +0.04% | +0.15% |
| +50bp | 2.326 | 99.548 | 0.524 | -0.45% | -1.80% |
| 6m 2027-03-13 | -50bp | 1.261 | 101.461 | 1.038 | +1.95% | +3.91% |
| -25bp | 1.511 | 101.021 | 1.038 | +1.52% | +3.04% |
| Unchanged (roll-down) | 1.761 | 100.582 | 1.038 | +1.08% | +2.17% |
| +25bp | 2.011 | 100.147 | 1.038 | +0.65% | +1.31% |
| +50bp | 2.261 | 99.714 | 1.038 | +0.22% | +0.45% |
| 12m 2027-09-13 | -50bp | 1.124 | 101.219 | 2.100 | +2.77% | +2.77% |
| -25bp | 1.374 | 100.903 | 2.100 | +2.45% | +2.45% |
| Unchanged (roll-down) | 1.624 | 100.587 | 2.100 | +2.14% | +2.14% |
| +25bp | 1.874 | 100.273 | 2.100 | +1.83% | +1.83% |
| +50bp | 2.124 | 99.960 | 2.100 | +1.52% | +1.52% |