bonds / 20Y / JGB (20-Year) No. 108
Bond Information
| Name | JGB (20-Year) No. 108 |
|---|
| ISIN | — |
|---|
| Issue # | 108 |
|---|
| Coupon (%) | 1.9% semi-annual |
|---|
| Issue Date | 2009-01-30 |
|---|
| Maturity | 2028-12-20 （Remaining 2.2y） |
|---|
| Outstanding | ¥2.5T （2026-03-31・MOF） |
|---|
| Total issued | ¥2.5T （annual report, FY-end） |
|---|
| Statutory basis | 4条特例借換前倒 |
|---|
| SLF usage | last 30d —／ total ¥1.8B（last 2026-03-24・BOJ） |
|---|
| BOJ Holding | ¥1.6T（63.1%）（as of 2026-10-20・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 1.900 % |
|---|
| Compound Yield | 1.8959 % |
|---|
| Accrued Interest | 0.676712 (130 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 2.08 |
|---|
| Macaulay Duration | 2.10 |
|---|
| DV01 | — |
|---|
| Convexity | 5.4 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2026-12-20 | coupon | 0.950 |
| 2027-06-20 | coupon | 0.950 |
| 2027-12-20 | coupon | 0.950 |
| 2028-06-20 | coupon | 0.950 |
| 2028-12-20 | coupon + redemption | 100.950 |
Related Auctions
Horizon total return settle 2026-10-28 ・ CMT 2026-10-23
| CMT interpolated (rem 2.1y) | 1.888 % → ref. price 100.017 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2027-01-28 | -50bp | 1.348 | 101.024 | -0.474 | +0.53% | +2.12% |
| -25bp | 1.598 | 100.556 | -0.474 | +0.06% | +0.26% |
| Unchanged (roll-down) | 1.848 | 100.091 | -0.474 | -0.40% | -1.59% |
| +25bp | 2.098 | 99.628 | -0.474 | -0.86% | -3.43% |
| +50bp | 2.348 | 99.168 | -0.474 | -1.31% | -5.25% |
| 6m 2027-04-28 | -50bp | 1.291 | 100.985 | 0.945 | +1.90% | +3.80% |
| -25bp | 1.541 | 100.576 | 0.945 | +1.49% | +2.99% |
| Unchanged (roll-down) | 1.791 | 100.170 | 0.945 | +1.09% | +2.18% |
| +25bp | 2.041 | 99.766 | 0.945 | +0.69% | +1.38% |
| +50bp | 2.291 | 99.364 | 0.945 | +0.29% | +0.58% |
| 12m 2027-10-28 | -50bp | 1.176 | 100.815 | 1.900 | +2.68% | +2.68% |
| -25bp | 1.426 | 100.529 | 1.900 | +2.40% | +2.40% |
| Unchanged (roll-down) | 1.676 | 100.245 | 1.900 | +2.11% | +2.11% |
| +25bp | 1.926 | 99.962 | 1.900 | +1.83% | +1.83% |
| +50bp | 2.176 | 99.680 | 1.900 | +1.55% | +1.55% |