bonds / 2Y / JGB (2-Year) No. 488
Bond Information
| Name | JGB (2-Year) No. 488 |
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| ISIN | — |
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| Issue # | 488 |
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| Coupon (%) | 1.7% semi-annual |
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| Issue Date | 2026-09-01 |
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| Maturity | 2028-09-01 （Remaining 2y） |
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| Outstanding | — |
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| BOJ Holding | — |
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| Status | active |
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Results
Yield Calculator (price input) | Simple Yield | 1.700 % |
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| Compound Yield | 1.6976 % |
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| Accrued Interest | 0.055890 (12 days) per 100 |
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| Settlement Amount | — |
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| Modified Duration | 1.93 |
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| Macaulay Duration | 1.94 |
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| DV01 | — |
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| Convexity | 4.7 |
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Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
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| 2027-03-01 | coupon | 0.850 |
| 2027-09-01 | coupon | 0.850 |
| 2028-03-01 | coupon | 0.850 |
| 2028-09-01 | coupon + redemption | 100.850 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
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| 2026-08-28 | new | 2.97 | 3 | 1.708 |
Horizon total return settle 2026-09-13 ・ CMT 2026-09-10
| CMT interpolated (rem 2.0y) | 1.814 % → ref. price 99.775 |
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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 | 1.246 | 100.765 | 0.424 | +1.42% | +5.66% |
| -25bp | 1.496 | 100.339 | 0.424 | +0.99% | +3.96% |
| Unchanged (roll-down) | 1.746 | 99.916 | 0.424 | +0.57% | +2.27% |
| +25bp | 1.996 | 99.496 | 0.424 | +0.14% | +0.58% |
| +50bp | 2.246 | 99.077 | 0.424 | -0.27% | -1.10% |
| 6m 2027-03-13 | -50bp | 1.179 | 100.747 | 0.850 | +1.83% | +3.65% |
| -25bp | 1.429 | 100.382 | 0.850 | +1.46% | +2.92% |
| Unchanged (roll-down) | 1.679 | 100.019 | 0.850 | +1.10% | +2.19% |
| +25bp | 1.929 | 99.657 | 0.850 | +0.73% | +1.47% |
| +50bp | 2.179 | 99.297 | 0.850 | +0.37% | +0.75% |
| 12m 2027-09-13 | -50bp | 1.050 | 100.621 | 1.700 | +2.55% | +2.55% |
| -25bp | 1.300 | 100.380 | 1.700 | +2.31% | +2.31% |
| Unchanged (roll-down) | 1.550 | 100.139 | 1.700 | +2.07% | +2.07% |
| +25bp | 1.800 | 99.900 | 1.700 | +1.83% | +1.83% |
| +50bp | 2.050 | 99.661 | 1.700 | +1.59% | +1.59% |