bonds / 2Y / JGB (2-Year) No. 474
Bond Information
| Name | JGB (2-Year) No. 474 |
|---|
| ISIN | — |
|---|
| Issue # | 474 |
|---|
| Coupon (%) | 0.7% semi-annual |
|---|
| Issue Date | 2025-07-01 |
|---|
| Maturity | 2027-07-01 （Remaining 0.9y） |
|---|
| Outstanding | ¥2.6T （2026-03-31・MOF） |
|---|
| SLF usage | last 30d ¥800M／ total ¥16.3B（last 2026-08-04・BOJ） |
|---|
| BOJ Holding | ¥413.1B（15.8%）（as of 2026-08-10・Source: BOJ・Ratios approximate due to differing as-of dates） |
|---|
| Status | active |
|---|
Results
Yield Calculator (price input) | Simple Yield | 0.700 % |
|---|
| Compound Yield | 0.6998 % |
|---|
| Accrued Interest | 0.101644 (53 days) per 100 |
|---|
| Settlement Amount | — |
|---|
| Modified Duration | 0.85 |
|---|
| Macaulay Duration | 0.85 |
|---|
| DV01 | — |
|---|
| Convexity | 1.1 |
|---|
Estimates based on the input price.
Cashflow Schedule
| Date | Type | Amount (per 100) |
|---|
| 2027-01-01 | coupon | 0.350 |
| 2027-07-01 | coupon + redemption | 100.350 |
Related Auctions
| Auction Date | | Bid/Cover | Tail (sen) | Avg Yield (%) |
|---|
| 2025-06-26 | new | 3.90 | 1 | 0.729 |
Horizon total return settle 2026-08-23 ・ CMT 2026-08-20
| CMT interpolated (rem 0.9y) | 1.430 % → ref. price 99.382 |
|---|
| G-spread (vs interpolated CMT) | — |
|---|
| Horizon | Scenario | Yield@H | Price@H | Carry | Total return | Ann. |
|---|
| 3m 2026-11-23 | -50bp | 0.930 | 99.862 | 0.176 | +0.66% | +2.64% |
| -25bp | 1.180 | 99.712 | 0.176 | +0.51% | +2.04% |
| Unchanged (roll-down) | 1.430 | 99.563 | 0.176 | +0.36% | +1.44% |
| +25bp | 1.680 | 99.414 | 0.176 | +0.21% | +0.84% |
| +50bp | 1.930 | 99.266 | 0.176 | +0.06% | +0.24% |
| 6m 2027-02-23 | -50bp | 0.930 | 99.922 | 0.350 | +0.90% | +1.79% |
| -25bp | 1.180 | 99.835 | 0.350 | +0.81% | +1.62% |
| Unchanged (roll-down) | 1.430 | 99.748 | 0.350 | +0.72% | +1.44% |
| +25bp | 1.680 | 99.661 | 0.350 | +0.63% | +1.27% |
| +50bp | 1.930 | 99.575 | 0.350 | +0.55% | +1.09% |