bonds / 2Y / JGB (2-Year) No. 481
Bond Information
| Name | JGB (2-Year) No. 481 |
|---|
| ISIN | — |
|---|
| Issue # | 481 |
|---|
| Coupon (%) | 1.3% semi-annual |
|---|
| Issue Date | 2026-02-02 |
|---|
| Maturity | 2028-02-01 （Remaining 1.4y） |
|---|
| Outstanding | ¥3.1T （2026-03-31・MOF） |
|---|
| SLF usage | last 30d —／ total ¥21.3B（last 2026-03-13・BOJ） |
|---|
| BOJ Holding | ¥701.7B（22.7%）（as of 2026-08-31・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 1.300 % |
|---|
| Compound Yield | 1.2959 % |
|---|
| Accrued Interest | 0.153151 (43 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 1.37 |
|---|
| Macaulay Duration | 1.38 |
|---|
| DV01 | — |
|---|
| Convexity | 2.6 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2027-02-01 | coupon | 0.650 |
| 2027-08-01 | coupon | 0.650 |
| 2028-02-01 | coupon + redemption | 100.650 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2026-01-30 | new | 3.88 | 1 | 1.253 |
Horizon total return settle 2026-09-13 ・ CMT 2026-09-10
| CMT interpolated (rem 1.4y) | 1.655 % → ref. price 99.509 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2026-12-13 | -50bp | 1.087 | 100.234 | 0.324 | +1.05% | +4.21% |
| -25bp | 1.337 | 99.952 | 0.324 | +0.77% | +3.08% |
| Unchanged (roll-down) | 1.587 | 99.672 | 0.324 | +0.49% | +1.95% |
| +25bp | 1.837 | 99.392 | 0.324 | +0.21% | +0.83% |
| +50bp | 2.087 | 99.114 | 0.324 | -0.07% | -0.29% |
| 6m 2027-03-13 | -50bp | 1.050 | 100.221 | 0.639 | +1.36% | +2.71% |
| -25bp | 1.300 | 100.000 | 0.639 | +1.13% | +2.27% |
| Unchanged (roll-down) | 1.550 | 99.780 | 0.639 | +0.91% | +1.83% |
| +25bp | 1.800 | 99.560 | 0.639 | +0.69% | +1.38% |
| +50bp | 2.050 | 99.341 | 0.639 | +0.47% | +0.95% |
| 12m 2027-09-13 | -50bp | 1.050 | 100.091 | 1.300 | +1.89% | +1.89% |
| -25bp | 1.300 | 99.994 | 1.300 | +1.79% | +1.79% |
| Unchanged (roll-down) | 1.550 | 99.898 | 1.300 | +1.69% | +1.69% |
| +25bp | 1.800 | 99.803 | 1.300 | +1.60% | +1.60% |
| +50bp | 2.050 | 99.707 | 1.300 | +1.50% | +1.50% |