bonds / 20Y / JGB (20-Year) No. 135
Bond Information
| Name | JGB (20-Year) No. 135 |
|---|
| ISIN | — |
|---|
| Issue # | 135 |
|---|
| Coupon (%) | 1.7% semi-annual |
|---|
| Issue Date | 2012-04-26 |
|---|
| Maturity | 2032-03-20 （Remaining 5.6y） |
|---|
| Outstanding | ¥1.4T （2026-03-31・MOF） |
|---|
| Total issued | ¥1.3T （annual report, FY-end） |
|---|
| Statutory basis | 4条借換前倒財投 |
|---|
| SLF usage | last 30d ¥400M／ total ¥26.1B（last 2026-08-17・BOJ） |
|---|
| BOJ Holding | ¥726B（50.2%）（as of 2026-08-10・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 1.700 % |
|---|
| Compound Yield | 1.6982 % |
|---|
| Accrued Interest | 0.726575 (156 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 5.26 |
|---|
| Macaulay Duration | 5.31 |
|---|
| DV01 | — |
|---|
| Convexity | 31.3 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2026-09-20 | coupon | 0.850 |
| 2027-03-20 | coupon | 0.850 |
| 2027-09-20 | coupon | 0.850 |
| …（7 omitted）… |
| 2031-09-20 | coupon | 0.850 |
| 2032-03-20 | coupon + redemption | 100.850 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2012-04-24 | new | 3.34 | 8 | 1.711 |
Horizon total return settle 2026-08-23 ・ CMT 2026-08-20
| CMT interpolated (rem 5.6y) | 2.209 % → ref. price 97.335 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2026-11-23 | -50bp | 1.673 | 100.135 | -0.428 | +2.42% | +9.67% |
| -25bp | 1.923 | 98.874 | -0.428 | +1.13% | +4.53% |
| Unchanged (roll-down) | 2.173 | 97.631 | -0.428 | -0.13% | -0.54% |
| +25bp | 2.423 | 96.406 | -0.428 | -1.38% | -5.54% |
| +50bp | 2.673 | 95.197 | -0.428 | -2.62% | -10.47% |
| 6m 2027-02-23 | -50bp | 1.637 | 100.303 | 0.850 | +3.89% | +7.79% |
| -25bp | 1.887 | 99.097 | 0.850 | +2.66% | +5.33% |
| Unchanged (roll-down) | 2.137 | 97.907 | 0.850 | +1.45% | +2.90% |
| +25bp | 2.387 | 96.733 | 0.850 | +0.25% | +0.51% |
| +50bp | 2.637 | 95.575 | 0.850 | -0.93% | -1.86% |
| 12m 2027-08-23 | -50bp | 1.573 | 100.550 | 1.700 | +5.01% | +5.01% |
| -25bp | 1.823 | 99.453 | 1.700 | +3.89% | +3.89% |
| Unchanged (roll-down) | 2.073 | 98.370 | 1.700 | +2.79% | +2.79% |
| +25bp | 2.323 | 97.300 | 1.700 | +1.70% | +1.70% |
| +50bp | 2.573 | 96.243 | 1.700 | +0.62% | +0.62% |