Saibu GAS Bond Yields (JPY)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/jpy-corporate-utilities-power-japan-saibu-gas
Saibu GAS Bond Yields (JPY) as of 2026-09-25: 10Y at 3.66%, fitted curve 6M–15Y (1.77%–4.14%), 4 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 1.77% | — |
| 2Y | 2.27% | 2.46% |
| 10Y | 3.66% | 4.19% |
| 15Y | 4.14% | 5.62% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.27% and the 10-year 3.66%, a 10Y−2Y spread of +139 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 ago2026-06-12 |
|---|---|---|---|---|---|
| 2Y | 2.27% | 2.04% | 1.85% | 1.75% | 1.77% |
| 10Y | 3.66% | 3.48% | 3.38% | 3.23% | 3.25% |
| 10Y − 2Y | +139 bp | +144 bp | +154 bp | +147 bp | +148 bp |
Bonds in this curve
The 4 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Saibu GAS | 1.74% | 2027-03-16 | 0.38% | JP331160AH38 |
| Saibu GAS | 2.36% | 2028-12-13 | 0.35% | JP331160BJC1 |
| Saibu GAS | 3.90% | 2038-12-13 | 0.82% | JP331160AJC3 |
| Saibu GAS | 4.07% | 2040-07-13 | 0.70% | JP331160AL73 |