Japanese A–BBB Specialised Finance Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/jpy-corporate-a-bbb-specialised-finance
Japanese A–BBB Specialised Finance Corporate Bond Yields (JPY) as of 2026-09-10: 10Y at 3.52%, fitted curve 3M–10Y (1.58%–3.52%), 94 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 1.58% | — |
| 6M | 1.68% | 1.81% |
| 9M | 1.80% | 2.15% |
| 12M | 1.91% | 2.15% |
| 18M | 2.07% | 2.42% |
| 2Y | 2.20% | 2.59% |
| 3Y | 2.39% | 2.82% |
| 4Y | 2.57% | 3.14% |
| 5Y | 2.72% | 3.42% |
| 6Y | 2.86% | 3.69% |
| 7Y | 3.02% | 4.09% |
| 8Y | 3.19% | 4.64% |
| 9Y | 3.37% | 5.14% |
| 10Y | 3.52% | 5.33% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.20% and the 10-year 3.52%, a 10Y−2Y spread of +133 bp — positively sloped — as of 2026-09-10. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.20% | 1.98% | 1.81% | 1.76% | 1.76% | 1.77% | 1.61% |
| 10Y | 3.52% | 3.42% | 3.39% | 3.29% | 3.17% | 3.09% | 2.84% |
| 10Y − 2Y | +133 bp | +145 bp | +157 bp | +153 bp | +140 bp | +132 bp | +123 bp |
Bonds in this curve
A selection of 30 of the 94 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Orix Corporation | 1.52% | 2026-11-27 | 0.43% | JP320045APB8 |
| Daiwa Securities Group INC. | 1.62% | 2026-11-27 | 0.57% | JP350220APB0 |
| Tokyo Century Corporation | 1.53% | 2026-12-08 | 0.17% | JP342495BMC2 |
| Mitsubishi HC Capital INC | 1.62% | 2027-01-29 | 0.28% | JP349980AL16 |
| Orix Corporation | 1.67% | 2027-02-26 | 0.45% | JP320045BH23 |
| Daiwa Securities Group INC. | 1.68% | 2027-02-26 | 0.47% | JP350220AQ27 |
| Mitsubishi HC Capital INC | 1.76% | 2027-05-28 | 0.69% | JP349980AQ52 |
| Orix Corporation | 1.81% | 2027-06-15 | 0.35% | JP320045BN66 |
| Orix Corporation | 1.82% | 2027-06-23 | 0.35% | JP320045AN67 |
| Tokyo Century Corporation | 1.82% | 2027-07-30 | 0.69% | JP342495AQ71 |
| Daiwa Securities Group INC. | 1.93% | 2027-08-27 | 0.41% | JP350220AH85 |
| Orix Corporation | 1.90% | 2027-09-01 | 0.39% | JP320045BN90 |
| Mitsubishi HC Capital INC | 2.03% | 2028-01-18 | 0.46% | JP349980BJ19 |
| Mitsubishi HC Capital INC | 2.02% | 2028-01-21 | 0.97% | JP349980AR10 |
| Orix Corporation | 2.16% | 2028-06-13 | 0.42% | JP320045BP64 |
| Orix Corporation | 2.15% | 2028-06-14 | 0.21% | JP320045CM66 |
| Orix Corporation | 2.27% | 2029-03-19 | 0.68% | JP320045AQ31 |
| Mitsubishi HC Capital INC | 2.31% | 2029-04-11 | 0.39% | JP349980BK40 |
| Mitsubishi HC Capital INC | 2.51% | 2030-04-09 | 0.50% | JP349980BL49 |
| Daiwa Securities Group INC. | 2.66% | 2030-05-22 | 1.59% | JP350220BR58 |
| Mitsubishi HC Capital INC | 2.62% | 2031-03-12 | 1.97% | JP349980AS35 |
| Orix Corporation | 2.69% | 2031-04-21 | 0.35% | JP320045BM42 |
| Mitsubishi HC Capital INC | 2.79% | 2032-03-18 | 1.51% | JP349980AR36 |
| Mitsubishi HC Capital INC | 2.85% | 2032-07-09 | 1.61% | JP349980CR75 |
| Mitsubishi HC Capital INC | 2.97% | 2033-06-03 | 2.79% | JP349980CS66 |
| Orix Corporation | 2.98% | 2033-06-13 | 0.85% | JP320045AP65 |
| Orix Corporation | 3.27% | 2035-03-06 | 1.87% | JP320045BR39 |
| Orix Corporation | 3.35% | 2035-11-06 | 2.14% | JP320045ARB4 |
| Mitsubishi HC Capital INC | 3.56% | 2036-10-24 | 0.89% | JP349980CGA0 |
| Mitsubishi HC Capital INC | 3.58% | 2036-12-12 | 0.89% | JP349980AGC0 |