Japanese Healthcare & Pharmaceuticals Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/jpy-corporate-healthcare-pharmaceuticals
Japanese Healthcare & Pharmaceuticals Corporate Bond Yields (JPY) as of 2026-09-11: 10Y at 3.44%, fitted curve 1M–20Y (1.54%–4.27%), 60 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.54% | — |
| 6M | 1.67% | 1.70% |
| 9M | 1.77% | 2.11% |
| 12M | 1.88% | 2.11% |
| 18M | 2.05% | 2.41% |
| 2Y | 2.16% | 2.52% |
| 3Y | 2.35% | 2.77% |
| 4Y | 2.53% | 3.14% |
| 5Y | 2.71% | 3.49% |
| 6Y | 2.88% | 3.83% |
| 7Y | 3.03% | 4.14% |
| 8Y | 3.18% | 4.42% |
| 9Y | 3.32% | 4.67% |
| 10Y | 3.44% | 4.92% |
| 15Y | 3.99% | 5.64% |
| 20Y | 4.27% | 5.73% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.16% and the 10-year 3.44%, a 10Y−2Y spread of +128 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.16% | 1.94% | 1.77% | 1.76% | 1.71% | 1.71% | 1.58% |
| 10Y | 3.44% | 3.37% | 3.30% | 3.24% | 3.20% | 3.09% | 2.86% |
| 10Y − 2Y | +128 bp | +143 bp | +153 bp | +148 bp | +149 bp | +138 bp | +128 bp |
Bonds in this curve
A selection of 30 of the 60 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Eiken Chemical CO., LTD. | 1.69% | 2026-10-19 | 0.43% | JP316070AMA1 |
| Miraca Holdings INC. | 1.60% | 2026-10-23 | 0.20% | JP382200BKA5 |
| Terumo Corporation | 1.62% | 2027-04-23 | 0.52% | JP354680AQ48 |
| Terumo Corporation | 1.66% | 2027-04-26 | 0.26% | JP354680BH48 |
| Tsumura & CO. | 1.77% | 2027-06-02 | 0.34% | JP353580BH66 |
| Kirin Holdings Company, Limited | 1.70% | 2027-06-07 | 0.29% | JP325800AN61 |
| Astellas Pharma INC. | 1.90% | 2027-12-03 | 0.42% | JP394240BNC7 |
| Miraca Holdings INC. | 2.13% | 2027-12-07 | 0.73% | JP382200APC2 |
| Kirin Holdings Company, Limited | 2.08% | 2028-05-29 | 1.18% | JP325800AR59 |
| Kirin Holdings Company, Limited | 2.08% | 2028-06-02 | 0.18% | JP325800BM61 |
| Olympus Corporation | 2.18% | 2028-06-16 | 1.24% | JP320120BR60 |
| Astellas Pharma INC. | 2.11% | 2028-08-31 | 0.52% | JP394240BP88 |
| Daiichi Sankyo Company, Limited | 2.08% | 2028-10-10 | 1.26% | JP347535ARA5 |
| Terumo Corporation | 2.19% | 2029-04-25 | 0.69% | JP354680BQ47 |
| Sawai Group Holdings CO., LTD. | 2.38% | 2029-06-06 | 1.13% | JP332304AQ65 |
| Otsuka Holdings CO., LTD. | 2.41% | 2030-05-28 | 1.33% | JP318822BR57 |
| Kirin Holdings Company, Limited | 2.43% | 2030-05-29 | 1.41% | JP325800BR58 |
| Eisai CO., LTD. | 2.50% | 2031-06-10 | 2.23% | JP316040AS65 |
| Astellas Pharma INC. | 2.63% | 2031-09-09 | 1.04% | JP394240BQ95 |
| Menicon CO., LTD. | 2.83% | 2032-04-21 | 0.56% | JP392127AN42 |
| Otsuka Holdings CO., LTD. | 2.70% | 2032-05-28 | 1.63% | JP318822CR56 |
| Menicon CO., LTD. | 3.17% | 2033-04-20 | 1.28% | JP392127AP40 |
| Eisai CO., LTD. | 2.83% | 2033-06-10 | 2.61% | JP316040BS64 |
| Otsuka Holdings CO., LTD. | 3.05% | 2034-09-20 | 1.22% | JP318822BQ90 |
| Otsuka Holdings CO., LTD. | 3.17% | 2035-05-28 | 2.02% | JP318822AR58 |
| Kirin Holdings Company, Limited | 3.19% | 2035-05-29 | 2.08% | JP325800DR56 |
| Eisai CO., LTD. | 3.28% | 2036-06-10 | 3.02% | JP316040CS63 |
| Daiichi Sankyo Company, Limited | 3.36% | 2036-07-25 | 0.81% | JP347535AG74 |
| Kirin Holdings Company, Limited | 3.79% | 2039-09-05 | 0.51% | JP325800CK96 |
| Daiichi Sankyo Company, Limited | 4.26% | 2046-07-25 | 1.20% | JP347535BG73 |