bonds / 20Y / JGB (20-Year) No. 190
Bond Information
| Name | JGB (20-Year) No. 190 |
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| ISIN | — |
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| Issue # | 190 |
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| Coupon (%) | 1.8% semi-annual |
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| Issue Date | 2024-10-25 |
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| Maturity | 2044-09-20 (Remaining 18y) |
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| Outstanding | ¥2.6T (2026-03-31・MOF) |
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| Total issued | ¥3.1T (annual report, FY-end) |
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| Statutory basis | 4条特例借換前倒財投 |
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| SLF usage | last 30d ¥1.5B/ total ¥147B(last 2026-08-21・BOJ) |
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| BOJ Holding | ¥96.6B(3.7%)(as of 2026-08-31・Source: BOJ・Ratios approximate due to differing as-of dates) |
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| Status | active |
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Results
Yield Calculator (price input) | Simple Yield | 1.800 % |
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| Compound Yield | 1.7982 % |
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| Accrued Interest | 0.872877 (177 days) per 100 |
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| Settlement Amount | — |
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| Modified Duration | 15.21 |
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| Macaulay Duration | 15.35 |
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| DV01 | — |
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| Convexity | 264.8 |
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Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
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| 2026-09-20 | coupon | 0.900 |
| 2027-03-20 | coupon | 0.900 |
| 2027-09-20 | coupon | 0.900 |
| …(32 omitted)… |
| 2044-03-20 | coupon | 0.900 |
| 2044-09-20 | coupon + redemption | 100.900 |
Related Auctions
Horizon total return settle 2026-09-13 ・ CMT 2026-09-10
| CMT interpolated (rem 18.0y) | 3.639 % → ref. price 75.816 |
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| G-spread (vs interpolated CMT) | — |
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| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
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| 3m 2026-12-13 | -50bp | 3.124 | 82.017 | -0.459 | +7.49% | +29.95% |
| -25bp | 3.374 | 79.058 | -0.459 | +3.63% | +14.52% |
| Unchanged (roll-down) | 3.624 | 76.221 | -0.459 | -0.07% | -0.28% |
| +25bp | 3.874 | 73.501 | -0.459 | -3.62% | -14.47% |
| +50bp | 4.124 | 70.894 | -0.459 | -7.02% | -28.07% |
| 6m 2027-03-13 | -50bp | 3.110 | 82.378 | 0.885 | +9.71% | +19.42% |
| -25bp | 3.360 | 79.437 | 0.885 | +5.88% | +11.75% |
| Unchanged (roll-down) | 3.610 | 76.617 | 0.885 | +2.20% | +4.40% |
| +25bp | 3.860 | 73.912 | 0.885 | -1.33% | -2.66% |
| +50bp | 4.110 | 71.317 | 0.885 | -4.71% | -9.42% |
| 12m 2027-09-13 | -50bp | 3.081 | 83.101 | 1.800 | +11.85% | +11.85% |
| -25bp | 3.331 | 80.201 | 1.800 | +8.06% | +8.06% |
| Unchanged (roll-down) | 3.581 | 77.416 | 1.800 | +4.43% | +4.43% |
| +25bp | 3.831 | 74.742 | 1.800 | +0.95% | +0.95% |
| +50bp | 4.081 | 72.174 | 1.800 | -2.40% | -2.40% |