bonds / 5Y / JGB (5-Year) No. 177
Bond Information
| Name | JGB (5-Year) No. 177 |
|---|
| ISIN | — |
|---|
| Issue # | 177 |
|---|
| Coupon (%) | 1.1% semi-annual |
|---|
| Issue Date | 2025-03-11 |
|---|
| Maturity | 2029-12-20 （Remaining 3.3y） |
|---|
| Outstanding | ¥608.3B （2026-03-31・MOF） |
|---|
| Total issued | ¥2.3T （annual report, FY-end） |
|---|
| Statutory basis | 特例借換財投 |
|---|
| SLF usage | last 30d ¥1.3B／ total ¥30B（last 2026-09-02・BOJ） |
|---|
| BOJ Holding | ¥516.3B（84.9%）（as of 2026-08-31・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 1.100 % |
|---|
| Compound Yield | 1.0985 % |
|---|
| Accrued Interest | 0.256164 (85 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 3.20 |
|---|
| Macaulay Duration | 3.21 |
|---|
| DV01 | — |
|---|
| Convexity | 11.9 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2026-12-20 | coupon | 0.550 |
| 2027-06-20 | coupon | 0.550 |
| 2027-12-20 | coupon | 0.550 |
| …（2 omitted）… |
| 2029-06-20 | coupon | 0.550 |
| 2029-12-20 | coupon + redemption | 100.550 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2025-03-10 | new | 3.17 | 7 | 1.157 |
Horizon total return settle 2026-09-13 ・ CMT 2026-09-10
| CMT interpolated (rem 3.3y) | 2.000 % → ref. price 97.160 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2026-12-13 | -50bp | 1.457 | 98.943 | 0.274 | +2.11% | +8.45% |
| -25bp | 1.707 | 98.214 | 0.274 | +1.36% | +5.46% |
| Unchanged (roll-down) | 1.957 | 97.492 | 0.274 | +0.62% | +2.49% |
| +25bp | 2.207 | 96.776 | 0.274 | -0.11% | -0.45% |
| +50bp | 2.457 | 96.066 | 0.274 | -0.84% | -3.37% |
| 6m 2027-03-13 | -50bp | 1.424 | 99.117 | 0.544 | +2.57% | +5.14% |
| -25bp | 1.674 | 98.446 | 0.544 | +1.88% | +3.76% |
| Unchanged (roll-down) | 1.924 | 97.779 | 0.544 | +1.19% | +2.39% |
| +25bp | 2.174 | 97.118 | 0.544 | +0.52% | +1.03% |
| +50bp | 2.424 | 96.463 | 0.544 | -0.16% | -0.31% |
| 12m 2027-09-13 | -50bp | 1.358 | 99.420 | 1.100 | +3.45% | +3.45% |
| -25bp | 1.608 | 98.866 | 1.100 | +2.88% | +2.88% |
| Unchanged (roll-down) | 1.858 | 98.316 | 1.100 | +2.32% | +2.32% |
| +25bp | 2.108 | 97.770 | 1.100 | +1.76% | +1.76% |
| +50bp | 2.358 | 97.228 | 1.100 | +1.20% | +1.20% |