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bonds / 20Y / JGB (20-Year) No. 166

Bond Information

NameJGB (20-Year) No. 166
ISIN—
Issue #166
Coupon (%)0.7% semi-annual
Issue Date2018-10-19
Maturity2038-09-20 (Remaining 11.9y)
Outstanding¥3.6T (2026-03-31・MOF)
Total issued¥3.6T (annual report, FY-end)
Statutory basis4条特例借換前倒
SLF usagelast 30d —/ total ¥28B(last 2026-03-18・BOJ)
BOJ Holding¥1.3T(35.5%)(as of 2026-10-20・Source: BOJ・Ratios approximate due to differing as-of dates)
Statusactive

Results

Yield Calculator (price input)
Price:
Settlement:
Face Amount: JPY
Simple Yield0.700 %
Compound Yield0.6995 %
Accrued Interest0.072877 (38 days) per 100
Settlement Amount—
Modified Duration11.39
Macaulay Duration11.43
DV01—
Convexity139.0

Estimates based on the input price.

Cashflow Schedule

DateTypeAmount (per 100)
2027-03-20coupon0.350
2027-09-20coupon0.350
2028-03-20coupon0.350
…(19 omitted)…
2038-03-20coupon0.350
2038-09-20coupon + redemption100.350

Related Auctions

Auction DateBid/CoverTail (sen)Avg Yield (%)
2018-12-18reopen3.4450.543
2018-11-20reopen3.9150.612
2018-10-18new4.2340.683

Horizon total return settle 2026-10-28 ・ CMT 2026-10-23

CMT interpolated (rem 11.9y)3.040 % → ref. price 76.767
G-spread (vs interpolated CMT)—
HorizonScenarioYield@HPrice@HCarryTotal returnAnn.
3m 2027-01-28-50bp2.51381.7780.176+6.75%+27.00%
-25bp2.76379.5600.176+3.86%+15.46%
Unchanged (roll-down)3.01377.4060.176+1.06%+4.25%
+25bp3.26375.3150.176-1.66%-6.64%
+50bp3.51373.2850.176-4.30%-17.21%
6m 2027-04-28-50bp2.48782.3430.352+7.71%+15.43%
-25bp2.73780.1530.352+4.86%+9.73%
Unchanged (roll-down)2.98778.0260.352+2.10%+4.19%
+25bp3.23775.9590.352-0.59%-1.19%
+50bp3.48773.9510.352-3.21%-6.41%
12m 2027-10-28-50bp2.43383.4840.700+9.65%+9.65%
-25bp2.68381.3550.700+6.88%+6.88%
Unchanged (roll-down)2.93379.2840.700+4.19%+4.19%
+25bp3.18377.2700.700+1.57%+1.57%
+50bp3.43375.3100.700-0.98%-0.98%