bonds / 20Y / JGB (20-Year) No. 156
Bond Information
| Name | JGB (20-Year) No. 156 |
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| ISIN | — |
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| Issue # | 156 |
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| Coupon (%) | 0.4% semi-annual |
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| Issue Date | 2016-03-22 |
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| Maturity | 2036-03-20 （Remaining 9.6y） |
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| Outstanding | ¥4T （2026-03-31・MOF） |
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| Total issued | ¥4T （annual report, FY-end） |
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| Statutory basis | 4条特例借換前倒 |
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| SLF usage | last 30d —／ total ¥1.5T（last 2026-07-01・BOJ） |
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| BOJ Holding | ¥2.4T（60.4%）（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 | 0.400 % |
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| Compound Yield | 0.3997 % |
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| Accrued Interest | 0.170959 (156 days) per 100 |
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| Settlement Amount | — |
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| Modified Duration | 9.37 |
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| Macaulay Duration | 9.39 |
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| DV01 | — |
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| Convexity | 93.7 |
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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 | 0.200 |
| 2027-03-20 | coupon | 0.200 |
| 2027-09-20 | coupon | 0.200 |
| …（15 omitted）… |
| 2035-09-20 | coupon | 0.200 |
| 2036-03-20 | coupon + redemption | 100.200 |
Related Auctions
Horizon total return settle 2026-08-23 ・ CMT 2026-08-20
| CMT interpolated (rem 9.6y) | 2.794 % → ref. price 79.995 |
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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 | 2.258 | 84.445 | -0.101 | +5.42% | +21.70% |
| -25bp | 2.508 | 82.558 | -0.101 | +3.07% | +12.28% |
| Unchanged (roll-down) | 2.758 | 80.716 | -0.101 | +0.77% | +3.09% |
| +25bp | 3.008 | 78.918 | -0.101 | -1.47% | -5.88% |
| +50bp | 3.258 | 77.163 | -0.101 | -3.66% | -14.64% |
| 6m 2027-02-23 | -50bp | 2.223 | 85.090 | 0.200 | +6.60% | +13.21% |
| -25bp | 2.473 | 83.238 | 0.200 | +4.29% | +8.59% |
| Unchanged (roll-down) | 2.723 | 81.429 | 0.200 | +2.04% | +4.07% |
| +25bp | 2.973 | 79.662 | 0.200 | -0.17% | -0.33% |
| +50bp | 3.223 | 77.936 | 0.200 | -2.32% | -4.64% |
| 12m 2027-08-23 | -50bp | 2.155 | 86.317 | 0.400 | +8.38% | +8.38% |
| -25bp | 2.405 | 84.537 | 0.400 | +6.16% | +6.16% |
| Unchanged (roll-down) | 2.655 | 82.797 | 0.400 | +3.99% | +3.99% |
| +25bp | 2.905 | 81.094 | 0.400 | +1.87% | +1.87% |
| +50bp | 3.155 | 79.430 | 0.400 | -0.21% | -0.21% |