Japanese A–BBB Specialised Finance Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-a-bbb-specialised-finance
Japanese A–BBB Specialised Finance Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 3.44%, fitted curve 1M–10Y (1.35%–3.44%), 92 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.35% | — |
| 3M | 1.40% | 1.42% |
| 6M | 1.47% | 1.55% |
| 9M | 1.55% | 1.72% |
| 12M | 1.63% | 1.87% |
| 18M | 1.78% | 2.07% |
| 2Y | 1.91% | 2.29% |
| 3Y | 2.13% | 2.57% |
| 4Y | 2.34% | 2.98% |
| 5Y | 2.55% | 3.38% |
| 6Y | 2.74% | 3.71% |
| 7Y | 2.92% | 4.00% |
| 9Y | 3.27% | 4.51% |
| 10Y | 3.44% | 4.95% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 1.91% and the 10-year 3.44%, a 10Y−2Y spread of +153 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 |
|---|---|---|---|---|---|---|
| 2Y | 1.91% | 1.76% | 1.73% | 1.73% | 1.75% | 1.60% |
| 10Y | 3.44% | 3.25% | 3.30% | 3.10% | 3.03% | 2.79% |
| 10Y − 2Y | +153 bp | +149 bp | +157 bp | +137 bp | +128 bp | +119 bp |
Bonds in this curve
A selection of 30 of the 92 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Daiwa Securities Group INC. | 1.43% | 2026-08-25 | 0.40% | JP350220AG86 |
| Orix Corporation | 1.37% | 2026-08-28 | 0.32% | JP320045AP81 |
| Marui Group CO., LTD. | 1.43% | 2026-10-16 | 0.25% | JP387040BKA0 |
| Orix Corporation | 1.36% | 2026-11-27 | 0.43% | JP320045APB8 |
| Daiwa Securities Group INC. | 1.45% | 2026-11-27 | 0.57% | JP350220APB0 |
| Daiwa Securities Group INC. | 1.45% | 2026-12-18 | 0.57% | JP350220APC8 |
| Marui Group CO., LTD. | 1.47% | 2027-01-22 | 0.40% | JP387040BQ18 |
| Mitsubishi HC Capital INC | 1.43% | 2027-01-29 | 0.28% | JP349980AL16 |
| Mitsubishi HC Capital INC | 1.54% | 2027-05-28 | 0.69% | JP349980AQ52 |
| Orix Corporation | 1.57% | 2027-06-15 | 0.35% | JP320045BN66 |
| Orix Corporation | 1.58% | 2027-06-23 | 0.35% | JP320045AN67 |
| Mitsubishi HC Capital INC | 1.58% | 2027-07-13 | 0.38% | JP349980BH78 |
| Mitsubishi HC Capital INC | 1.75% | 2028-01-18 | 0.46% | JP349980BJ19 |
| Mitsubishi HC Capital INC | 1.74% | 2028-01-21 | 0.97% | JP349980AR10 |
| Daiwa Securities Group INC. | 1.95% | 2028-05-22 | 1.29% | JP350220AR59 |
| Mitsubishi HC Capital INC | 1.85% | 2028-05-26 | 0.39% | JP349980CJ59 |
| Mitsubishi HC Capital INC | 2.00% | 2029-01-31 | 0.33% | JP349980AN14 |
| Mitsubishi HC Capital INC | 2.00% | 2029-02-27 | 1.71% | JP349980AS27 |
| Mitsubishi HC Capital INC | 2.27% | 2030-04-09 | 0.50% | JP349980BL49 |
| Daiwa Securities Group INC. | 2.42% | 2030-05-22 | 1.59% | JP350220BR58 |
| Mitsubishi HC Capital INC | 2.42% | 2031-02-27 | 2.01% | JP349980BS26 |
| Mitsubishi HC Capital INC | 2.42% | 2031-03-12 | 1.97% | JP349980AS35 |
| Mitsubishi HC Capital INC | 2.65% | 2032-03-18 | 1.51% | JP349980AR36 |
| Mitsubishi HC Capital INC | 2.71% | 2032-07-09 | 1.61% | JP349980CR75 |
| Mitsubishi HC Capital INC | 2.81% | 2033-02-25 | 2.30% | JP349980CS25 |
| Mitsubishi HC Capital INC | 2.87% | 2033-06-03 | 2.79% | JP349980CS66 |
| Orix Corporation | 3.20% | 2035-03-06 | 1.87% | JP320045BR39 |
| Orix Corporation | 3.28% | 2035-11-06 | 2.14% | JP320045ARB4 |
| Mitsubishi HC Capital INC | 3.49% | 2036-10-24 | 0.89% | JP349980CGA0 |
| Mitsubishi HC Capital INC | 3.51% | 2036-12-12 | 0.89% | JP349980AGC0 |