bonds / 40Y / JGB (40-Year) No. 2
Bond Information
| Name | JGB (40-Year) No. 2 |
|---|
| ISIN | — |
|---|
| Issue # | 2 |
|---|
| Coupon (%) | 2.2% semi-annual |
|---|
| Issue Date | 2009-05-19 |
|---|
| Maturity | 2049-03-20 （Remaining 22.4y） |
|---|
| Outstanding | ¥1.4T （2026-03-31・MOF） |
|---|
| Total issued | ¥1.5T （annual report, FY-end） |
|---|
| Statutory basis | 4条借換前倒財投 |
|---|
| STRIPS principal | ¥1.6B （2026-09-30） |
|---|
| SLF usage | last 30d —／ total ¥21.6B（last 2026-06-12・BOJ） |
|---|
| BOJ Holding | ¥163.3B（11.3%）（as of 2026-10-20・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 2.200 % |
|---|
| Compound Yield | 2.1987 % |
|---|
| Accrued Interest | 0.229041 (38 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 17.58 |
|---|
| Macaulay Duration | 17.77 |
|---|
| DV01 | — |
|---|
| Convexity | 366.6 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2027-03-20 | coupon | 1.100 |
| 2027-09-20 | coupon | 1.100 |
| 2028-03-20 | coupon | 1.100 |
| …（40 omitted）… |
| 2048-09-20 | coupon | 1.100 |
| 2049-03-20 | coupon + redemption | 101.100 |
Related Auctions
Horizon total return settle 2026-10-28 ・ CMT 2026-10-23
| CMT interpolated (rem 22.4y) | 3.786 % → ref. price 76.170 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2027-01-28 | -50bp | 3.271 | 83.194 | 0.555 | +9.92% | +39.68% |
| -25bp | 3.521 | 79.777 | 0.555 | +5.45% | +21.79% |
| Unchanged (roll-down) | 3.771 | 76.528 | 0.555 | +1.20% | +4.78% |
| +25bp | 4.021 | 73.440 | 0.555 | -2.85% | -11.39% |
| +50bp | 4.271 | 70.503 | 0.555 | -6.69% | -26.77% |
| 6m 2027-04-28 | -50bp | 3.256 | 83.515 | 1.106 | +11.06% | +22.12% |
| -25bp | 3.506 | 80.110 | 1.106 | +6.60% | +13.21% |
| Unchanged (roll-down) | 3.756 | 76.871 | 1.106 | +2.37% | +4.73% |
| +25bp | 4.006 | 73.790 | 1.106 | -1.67% | -3.33% |
| +50bp | 4.256 | 70.859 | 1.106 | -5.50% | -11.01% |
| 12m 2027-10-28 | -50bp | 3.227 | 84.192 | 2.200 | +13.38% | +13.38% |
| -25bp | 3.477 | 80.812 | 2.200 | +8.96% | +8.96% |
| Unchanged (roll-down) | 3.727 | 77.594 | 2.200 | +4.74% | +4.74% |
| +25bp | 3.977 | 74.530 | 2.200 | +0.73% | +0.73% |
| +50bp | 4.227 | 71.612 | 2.200 | -3.09% | -3.09% |