bonds / 20Y / JGB (20-Year) No. 116
Bond Information
| Name | JGB (20-Year) No. 116 |
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| ISIN | — |
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| Issue # | 116 |
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| Coupon (%) | 2.2% semi-annual |
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| Issue Date | 2010-03-23 |
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| Maturity | 2030-03-20 （Remaining 3.6y） |
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| Outstanding | ¥2.1T （2026-03-31・MOF） |
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| Total issued | ¥2.1T （annual report, FY-end） |
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| Statutory basis | 4条特例借換前倒 |
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| STRIPS principal | ¥300M （2026-06-30） |
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| SLF usage | last 30d —／ total ¥21.5B（last 2026-06-17・BOJ） |
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| BOJ Holding | ¥1.1T（53.0%）（as of 2026-08-10・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 | 2.200 % |
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| Compound Yield | 2.1980 % |
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| Accrued Interest | 0.940274 (156 days) per 100 |
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| Settlement Amount | — |
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| Modified Duration | 3.39 |
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| Macaulay Duration | 3.43 |
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| DV01 | — |
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| Convexity | 13.5 |
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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 | 1.100 |
| 2027-03-20 | coupon | 1.100 |
| 2027-09-20 | coupon | 1.100 |
| …（3 omitted）… |
| 2029-09-20 | coupon | 1.100 |
| 2030-03-20 | coupon + redemption | 101.100 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
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| 2010-03-16 | new | 3.49 | 7 | 2.159 |
Horizon total return settle 2026-08-23 ・ CMT 2026-08-20
| CMT interpolated (rem 3.6y) | 1.921 % → ref. price 100.954 |
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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 2026-11-23 | -50bp | 1.374 | 102.677 | -0.555 | +1.15% | +4.59% |
| -25bp | 1.624 | 101.859 | -0.555 | +0.34% | +1.38% |
| Unchanged (roll-down) | 1.874 | 101.048 | -0.555 | -0.45% | -1.81% |
| +25bp | 2.124 | 100.245 | -0.555 | -1.24% | -4.96% |
| +50bp | 2.374 | 99.450 | -0.555 | -2.02% | -8.08% |
| 6m 2027-02-23 | -50bp | 1.327 | 102.622 | 1.100 | +2.72% | +5.43% |
| -25bp | 1.577 | 101.864 | 1.100 | +1.97% | +3.94% |
| Unchanged (roll-down) | 1.827 | 101.112 | 1.100 | +1.23% | +2.47% |
| +25bp | 2.077 | 100.367 | 1.100 | +0.50% | +1.01% |
| +50bp | 2.327 | 99.628 | 1.100 | -0.22% | -0.44% |
| 12m 2027-08-23 | -50bp | 1.257 | 102.374 | 2.200 | +3.55% | +3.55% |
| -25bp | 1.507 | 101.736 | 2.200 | +2.93% | +2.93% |
| Unchanged (roll-down) | 1.757 | 101.103 | 2.200 | +2.30% | +2.30% |
| +25bp | 2.007 | 100.474 | 2.200 | +1.69% | +1.69% |
| +50bp | 2.257 | 99.850 | 2.200 | +1.08% | +1.08% |