Tokyo GAS Bond Yields (JPY)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/jpy-corporate-utilities-power-japan-tokyo-gas
Tokyo GAS Bond Yields (JPY) as of 2026-09-25: 10Y at 3.40%, fitted curve 9M–40Y (1.77%–4.58%), 43 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 1.77% | — |
| 2Y | 2.14% | 2.34% |
| 3Y | 2.32% | 2.70% |
| 4Y | 2.49% | 3.05% |
| 5Y | 2.66% | 3.40% |
| 6Y | 2.82% | 3.72% |
| 7Y | 2.96% | 3.97% |
| 8Y | 3.10% | 4.25% |
| 10Y | 3.40% | 4.93% |
| 15Y | 3.95% | 5.59% |
| 20Y | 4.29% | 6.13% |
| 25Y | 4.53% | 6.59% |
| 30Y | 4.51% | 4.36% |
| 40Y | 4.58% | 5.27% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.14% and the 10-year 3.40%, a 10Y−2Y spread of +125 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 | 2.14% | 1.94% | 1.75% | 1.63% | 1.60% | — | — |
| 10Y | 3.40% | 3.22% | 3.14% | 2.96% | 3.03% | 2.81% | 2.73% |
| 10Y − 2Y | +125 bp | +128 bp | +139 bp | +133 bp | +143 bp | — | — |
Bonds in this curve
A selection of 30 of the 43 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Tokyo GAS | 1.76% | 2027-06-15 | 2.29% | JP357300A769 |
| Tokyo GAS | 2.18% | 2028-11-29 | 0.27% | JP357300CJB2 |
| Tokyo GAS | 2.22% | 2029-03-01 | 0.26% | JP357300BN35 |
| Tokyo GAS | 2.25% | 2029-05-23 | 0.15% | JP357300DK51 |
| Tokyo GAS | 2.32% | 2029-09-13 | 0.10% | JP357300CK94 |
| Tokyo GAS | 2.47% | 2030-05-28 | 0.24% | JP357300DL50 |
| Tokyo GAS | 2.53% | 2030-09-10 | 0.23% | JP357300DL92 |
| Tokyo GAS | 2.57% | 2030-12-10 | 0.21% | JP357300ALC0 |
| Tokyo GAS | 2.61% | 2031-06-04 | 2.13% | JP357300BS63 |
| Tokyo GAS | 2.65% | 2031-07-11 | 0.17% | JP357300CM76 |
| Tokyo GAS | 2.71% | 2031-12-26 | 1.85% | JP357300ABC1 |
| Tokyo GAS | 2.77% | 2032-05-25 | 1.74% | JP357300AC54 |
| Tokyo GAS | 2.94% | 2033-09-26 | 1.76% | JP357300AD95 |
| Tokyo GAS | 3.03% | 2034-03-13 | 0.97% | JP357300BQ32 |
| Tokyo GAS | 3.06% | 2034-05-26 | 1.55% | JP357300AE52 |
| Tokyo GAS | 3.35% | 2036-06-04 | 2.95% | JP357300AS64 |
| Tokyo GAS | 3.43% | 2036-11-28 | 0.57% | JP357300BGB0 |
| Tokyo GAS | 3.49% | 2037-06-09 | 0.67% | JP357300BH66 |
| Tokyo GAS | 3.73% | 2039-05-23 | 0.49% | JP357300CK52 |
| Tokyo GAS | 3.76% | 2039-09-13 | 0.28% | JP357300BK95 |
| Tokyo GAS | 3.86% | 2040-09-24 | 2.13% | JP357300AA98 |
| Tokyo GAS | 4.31% | 2047-06-07 | 1.05% | JP357300AH67 |
| Tokyo GAS | 4.40% | 2048-07-17 | 0.88% | JP357300BJ72 |
| Tokyo GAS | 4.44% | 2049-05-21 | 0.69% | JP357300BK53 |
| Tokyo GAS | 4.49% | 2050-05-27 | 0.68% | JP357300CL51 |
| Tokyo GAS | 4.51% | 2050-09-09 | 0.81% | JP357300CL93 |
| Tokyo GAS | 4.55% | 2056-11-29 | 1.01% | JP357300AGB2 |
| Tokyo GAS | 4.51% | 2057-12-25 | 0.69% | JP357300AKC2 |
| Tokyo GAS | 4.66% | 2070-05-28 | 0.99% | JP357300AL53 |
| Tokyo GAS | 4.66% | 2070-09-10 | 1.09% | JP357300AL95 |