Nomura Bond Yields (JPY)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/jpy-corporate-banks-japan-nomura
Nomura Bond Yields (JPY) as of 2026-09-25: 10Y at 3.81%, fitted curve 9M–15Y (2.08%–4.57%), 30 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 2.08% | — |
| 12M | 2.13% | 2.18% |
| 18M | 2.22% | 2.42% |
| 2Y | 2.31% | 2.61% |
| 3Y | 2.50% | 2.92% |
| 4Y | 2.70% | 3.35% |
| 5Y | 2.90% | 3.79% |
| 6Y | 3.09% | 4.21% |
| 7Y | 3.28% | 4.62% |
| 10Y | 3.81% | 5.45% |
| 15Y | 4.57% | 6.98% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.31% and the 10-year 3.81%, a 10Y−2Y spread of +150 bp — positively sloped — as of 2026-09-25. 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 | Latest2026-09-25 | 1m ago2026-08-26 | 2m ago2026-07-27 | 3m ago2026-06-26 | 4m ago2026-05-28 | 5m ago2026-04-28 | 6m ago2026-03-30 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.31% | 2.06% | 1.89% | 1.80% | 1.78% | 1.75% | 1.77% |
| 10Y | 3.81% | 3.36% | 3.44% | 3.35% | 3.37% | 3.18% | 3.11% |
| 10Y − 2Y | +150 bp | +130 bp | +155 bp | +155 bp | +159 bp | +143 bp | +133 bp |
Bonds in this curve
The 30 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nomura | 2.10% | 2027-08-10 | 0.43% | JP376260CH89 |
| Nomura | 2.04% | 2027-09-03 | 0.75% | JP376260BN90 |
| Nomura | 2.15% | 2027-11-16 | 0.59% | JP304811AHB0 |
| Nomura | 2.02% | 2027-12-22 | 0.49% | JP376280ANC7 |
| Nomura | 2.28% | 2028-03-17 | 2.90% | JP304553C730 |
| Nomura | 2.10% | 2028-03-23 | 0.34% | JP376280AJ36 |
| Nomura | 2.50% | 2028-09-06 | 0.96% | JP376260BP98 |
| Nomura | 2.31% | 2028-10-19 | 0.70% | JP376290APA5 |
| Nomura | 2.26% | 2028-12-07 | 0.62% | JP376280BPC0 |
| Nomura | 2.41% | 2029-07-10 | 0.91% | JP376290AQ76 |
| Nomura | 2.51% | 2029-07-19 | 0.99% | JP304811AQ78 |
| Nomura | 2.60% | 2029-09-20 | 0.53% | JP304811AK90 |
| Nomura | 2.43% | 2029-09-27 | 0.24% | JP376280BK99 |
| Nomura | 2.47% | 2029-12-21 | 0.68% | JP376280BNC5 |
| Nomura | 2.67% | 2030-02-20 | 1.34% | JP304811AR28 |
| Nomura | 2.66% | 2030-06-07 | 0.48% | JP376290CL61 |
| Nomura | 2.65% | 2030-06-17 | 1.43% | JP376290AR67 |
| Nomura | 2.81% | 2030-08-14 | 0.54% | JP304811AL81 |
| Nomura | 2.66% | 2030-12-06 | 0.91% | JP376280CPC8 |
| Nomura | 2.81% | 2031-02-26 | 0.39% | JP376290AM21 |
| Nomura | 3.04% | 2032-02-20 | 1.55% | JP304811BR27 |
| Nomura | 3.28% | 2032-09-03 | 0.90% | JP376260CN99 |
| Nomura | 2.96% | 2032-12-22 | 0.77% | JP376280CNC3 |
| Nomura | 3.24% | 2033-07-08 | 0.95% | JP304811AP79 |
| Nomura | 3.23% | 2033-10-19 | 1.31% | JP376290BPA3 |
| Nomura | 3.10% | 2033-12-07 | 1.22% | JP376280APC2 |
| Nomura | 3.67% | 2036-06-02 | 0.99% | JP376290BG69 |
| Nomura | 3.87% | 2037-09-11 | 0.99% | JP376290BH92 |
| Nomura | 4.18% | 2038-05-21 | 1.03% | JP304811AJ51 |
| Nomura | 4.39% | 2039-09-20 | 0.90% | JP304811BK99 |