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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 14.5y)
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¥773B(21.2%)(as of 2026-08-31・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 Yield0.4996 %
Accrued Interest0.242466 (177 days) per 100
Settlement Amount
Modified Duration13.96
Macaulay Duration14.00
DV01
Convexity206.8

Estimates based on the input price.

Cashflow Schedule

DateTypeAmount (per 100)
2026-09-20coupon0.250
2027-03-20coupon0.250
2027-09-20coupon0.250
…(25 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 2026-09-13 ・ CMT 2026-09-10

CMT interpolated (rem 14.5y)3.410 % → ref. price 66.873
G-spread (vs interpolated CMT)
HorizonScenarioYield@HPrice@HCarryTotal returnAnn.
3m 2026-12-13-50bp2.88372.265-0.127+7.84%+31.38%
-25bp3.13369.871-0.127+4.28%+17.11%
Unchanged (roll-down)3.38367.562-0.127+0.84%+3.35%
+25bp3.63365.334-0.127-2.48%-9.93%
+50bp3.88363.184-0.127-5.69%-22.75%
6m 2027-03-13-50bp2.85772.9130.246+9.37%+18.73%
-25bp3.10770.5360.246+5.82%+11.65%
Unchanged (roll-down)3.35768.2420.246+2.41%+4.81%
+25bp3.60766.0270.246-0.89%-1.79%
+50bp3.85763.8880.246-4.08%-8.16%
12m 2027-09-13-50bp2.80274.2280.500+11.70%+11.70%
-25bp3.05271.8890.500+8.22%+8.22%
Unchanged (roll-down)3.30269.6270.500+4.85%+4.85%
+25bp3.55267.4420.500+1.59%+1.59%
+50bp3.80265.3290.500-1.55%-1.55%