bonds / 20Y / JGB (20-Year) No. 116
Bond Information
| Name | JGB (20-Year) No. 116 |
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| ISIN | — |
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| Issue # | 116 |
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| Coupon (%) | 2.2% semi-annual |
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| Issue Date | 2010-03-23 |
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| Maturity | 2030-03-20 （Remaining 3.5y） |
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| Outstanding | ¥2.1T （2026-03-31・MOF） |
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| Total issued | ¥2.1T （annual report, FY-end） |
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| Statutory basis | 4条特例借換前倒 |
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| STRIPS principal | ¥300M （2026-06-30） |
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| SLF usage | last 30d —／ total ¥21.5B（last 2026-06-17・BOJ） |
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| BOJ Holding | ¥1.1T（53.0%）（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 | 2.200 % |
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| Compound Yield | 2.1981 % |
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| Accrued Interest | 1.066849 (177 days) per 100 |
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| Settlement Amount | — |
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| Modified Duration | 3.33 |
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| Macaulay Duration | 3.37 |
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| DV01 | — |
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| Convexity | 13.1 |
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Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
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| 2026-09-20 | coupon | 1.100 |
| 2027-03-20 | coupon | 1.100 |
| 2027-09-20 | coupon | 1.100 |
| …（3 omitted）… |
| 2029-09-20 | coupon | 1.100 |
| 2030-03-20 | coupon + redemption | 101.100 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
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| 2010-03-16 | new | 3.49 | 7 | 2.159 |
Horizon total return settle 2026-09-13 ・ CMT 2026-09-10
| CMT interpolated (rem 3.5y) | 2.042 % → ref. price 100.529 |
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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 | 1.499 | 102.229 | -0.561 | +1.12% | +4.49% |
| -25bp | 1.749 | 101.428 | -0.561 | +0.33% | +1.33% |
| Unchanged (roll-down) | 1.999 | 100.634 | -0.561 | -0.45% | -1.79% |
| +25bp | 2.249 | 99.847 | -0.561 | -1.22% | -4.89% |
| +50bp | 2.499 | 99.068 | -0.561 | -1.99% | -7.96% |
| 6m 2027-03-13 | -50bp | 1.457 | 102.191 | 1.082 | +2.70% | +5.40% |
| -25bp | 1.707 | 101.448 | 1.082 | +1.97% | +3.94% |
| Unchanged (roll-down) | 1.957 | 100.711 | 1.082 | +1.24% | +2.49% |
| +25bp | 2.207 | 99.981 | 1.082 | +0.53% | +1.05% |
| +50bp | 2.457 | 99.258 | 1.082 | -0.19% | -0.37% |
| 12m 2027-09-13 | -50bp | 1.390 | 101.990 | 2.200 | +3.60% | +3.60% |
| -25bp | 1.640 | 101.368 | 2.200 | +2.99% | +2.99% |
| Unchanged (roll-down) | 1.890 | 100.751 | 2.200 | +2.38% | +2.38% |
| +25bp | 2.140 | 100.139 | 2.200 | +1.78% | +1.78% |
| +50bp | 2.390 | 99.531 | 2.200 | +1.18% | +1.18% |