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bonds / 20Y / JGB (20-Year) No. 190

Bond Information

NameJGB (20-Year) No. 190
ISIN
Issue #190
Coupon (%)1.8% semi-annual
Issue Date2024-10-25
Maturity2044-09-20 (Remaining 18y)
Outstanding¥2.6T (2026-03-31・MOF)
Total issued¥3.1T (annual report, FY-end)
Statutory basis4条特例借換前倒財投
SLF usagelast 30d ¥1.5B/ total ¥147B(last 2026-08-21・BOJ)
BOJ Holding¥96.6B(3.7%)(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 Yield1.800 %
Compound Yield1.7982 %
Accrued Interest0.872877 (177 days) per 100
Settlement Amount
Modified Duration15.21
Macaulay Duration15.35
DV01
Convexity264.8

Estimates based on the input price.

Cashflow Schedule

DateTypeAmount (per 100)
2026-09-20coupon0.900
2027-03-20coupon0.900
2027-09-20coupon0.900
…(32 omitted)…
2044-03-20coupon0.900
2044-09-20coupon + redemption100.900

Related Auctions

Auction DateBid/CoverTail (sen)Avg Yield (%)
2024-12-17reopen3.3851.879
2024-11-21reopen3.52131.898
2024-10-24new3.04291.800

Horizon total return settle 2026-09-13 ・ CMT 2026-09-10

CMT interpolated (rem 18.0y)3.639 % → ref. price 75.816
G-spread (vs interpolated CMT)
HorizonScenarioYield@HPrice@HCarryTotal returnAnn.
3m 2026-12-13-50bp3.12482.017-0.459+7.49%+29.95%
-25bp3.37479.058-0.459+3.63%+14.52%
Unchanged (roll-down)3.62476.221-0.459-0.07%-0.28%
+25bp3.87473.501-0.459-3.62%-14.47%
+50bp4.12470.894-0.459-7.02%-28.07%
6m 2027-03-13-50bp3.11082.3780.885+9.71%+19.42%
-25bp3.36079.4370.885+5.88%+11.75%
Unchanged (roll-down)3.61076.6170.885+2.20%+4.40%
+25bp3.86073.9120.885-1.33%-2.66%
+50bp4.11071.3170.885-4.71%-9.42%
12m 2027-09-13-50bp3.08183.1011.800+11.85%+11.85%
-25bp3.33180.2011.800+8.06%+8.06%
Unchanged (roll-down)3.58177.4161.800+4.43%+4.43%
+25bp3.83174.7421.800+0.95%+0.95%
+50bp4.08172.1741.800-2.40%-2.40%