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bonds / 20Y / JGB (20-Year) No. 176

Bond Information

NameJGB (20-Year) No. 176
ISIN—
Issue #176
Coupon (%)0.5% semi-annual
Issue Date2021-04-21
Maturity2041-03-20 (Remaining 14.4y)
Outstanding¥3.6T (2026-03-31・MOF)
Total issued¥3.8T (annual report, FY-end)
Statutory basis借換前倒財投
SLF usagelast 30d —/ total ¥44.7B(last 2026-08-07・BOJ)
BOJ Holding¥774.3B(21.2%)(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 Yield0.500 %
Compound Yield0.4998 %
Accrued Interest0.052055 (38 days) per 100
Settlement Amount—
Modified Duration13.87
Macaulay Duration13.91
DV01—
Convexity203.8

Estimates based on the input price.

Cashflow Schedule

DateTypeAmount (per 100)
2027-03-20coupon0.250
2027-09-20coupon0.250
2028-03-20coupon0.250
…(24 omitted)…
2040-09-20coupon0.250
2041-03-20coupon + redemption100.250

Related Auctions

Auction DateBid/CoverTail (sen)Avg Yield (%)
2021-06-24reopen3.6260.433
2021-05-21reopen3.48100.445
2021-04-20new3.3420.438

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

CMT interpolated (rem 14.4y)3.308 % → ref. price 68.031
G-spread (vs interpolated CMT)—
HorizonScenarioYield@HPrice@HCarryTotal returnAnn.
3m 2027-01-28-50bp2.78173.4640.126+8.17%+32.66%
-25bp3.03171.0490.126+4.62%+18.47%
Unchanged (roll-down)3.28168.7170.126+1.19%+4.77%
+25bp3.53166.4680.126-2.11%-8.44%
+50bp3.78164.2960.126-5.30%-21.20%
6m 2027-04-28-50bp2.75474.0990.251+9.28%+18.56%
-25bp3.00471.7010.251+5.76%+11.52%
Unchanged (roll-down)3.25469.3860.251+2.36%+4.72%
+25bp3.50467.1510.251-0.92%-1.85%
+50bp3.75464.9920.251-4.09%-8.19%
12m 2027-10-28-50bp2.70175.3870.500+11.54%+11.54%
-25bp2.95173.0290.500+8.08%+8.08%
Unchanged (roll-down)3.20170.7500.500+4.73%+4.73%
+25bp3.45168.5460.500+1.49%+1.49%
+50bp3.70166.4160.500-1.64%-1.64%