bonds / 20Y / JGB (20-Year) No. 116
Bond Information
| Name | JGB (20-Year) No. 116 |
|---|
| ISIN | — |
|---|
| Issue # | 116 |
|---|
| Coupon (%) | 2.2% semi-annual |
|---|
| Issue Date | 2010-03-23 |
|---|
| Maturity | 2030-03-20 （Remaining 3.4y） |
|---|
| Outstanding | ¥2.1T （2026-03-31・MOF） |
|---|
| Total issued | ¥2.1T （annual report, FY-end） |
|---|
| Statutory basis | 4条特例借換前倒 |
|---|
| STRIPS principal | ¥300M （2026-09-30） |
|---|
| SLF usage | last 30d —／ total ¥21.5B（last 2026-06-17・BOJ） |
|---|
| BOJ Holding | ¥1.1T（53.0%）（as of 2026-10-20・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 2.200 % |
|---|
| Compound Yield | 2.2006 % |
|---|
| Accrued Interest | 0.229041 (38 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 3.25 |
|---|
| Macaulay Duration | 3.28 |
|---|
| DV01 | — |
|---|
| Convexity | 12.4 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2027-03-20 | coupon | 1.100 |
| 2027-09-20 | coupon | 1.100 |
| 2028-03-20 | coupon | 1.100 |
| …（2 omitted）… |
| 2029-09-20 | coupon | 1.100 |
| 2030-03-20 | coupon + redemption | 101.100 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2010-03-16 | new | 3.49 | 7 | 2.159 |
Horizon total return settle 2026-10-28 ・ CMT 2026-10-23
| CMT interpolated (rem 3.4y) | 2.035 % → ref. price 100.541 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2027-01-28 | -50bp | 1.499 | 102.146 | 0.555 | +2.14% | +8.57% |
| -25bp | 1.749 | 101.375 | 0.555 | +1.38% | +5.51% |
| Unchanged (roll-down) | 1.999 | 100.611 | 0.555 | +0.62% | +2.48% |
| +25bp | 2.249 | 99.854 | 0.555 | -0.13% | -0.53% |
| +50bp | 2.499 | 99.103 | 0.555 | -0.88% | -3.51% |
| 6m 2027-04-28 | -50bp | 1.468 | 102.062 | 1.106 | +2.61% | +5.21% |
| -25bp | 1.718 | 101.350 | 1.106 | +1.90% | +3.80% |
| Unchanged (roll-down) | 1.968 | 100.644 | 1.106 | +1.20% | +2.40% |
| +25bp | 2.218 | 99.944 | 1.106 | +0.50% | +1.01% |
| +50bp | 2.468 | 99.249 | 1.106 | -0.18% | -0.37% |
| 12m 2027-10-28 | -50bp | 1.414 | 101.847 | 2.200 | +3.48% | +3.48% |
| -25bp | 1.664 | 101.256 | 2.200 | +2.89% | +2.89% |
| Unchanged (roll-down) | 1.914 | 100.669 | 2.200 | +2.31% | +2.31% |
| +25bp | 2.164 | 100.086 | 2.200 | +1.73% | +1.73% |
| +50bp | 2.414 | 99.507 | 2.200 | +1.16% | +1.16% |