Japan bond yield curves
Japan government and corporate bond yield curves by currency, rating, sector and issuer — 236 curves, rebuilt daily on bondScovery. Fitted yields around the 10-year mark currently run from 2.45% (JPY) to 8.31% (USD).
Government
1 curve
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| Japanese Government Bond (JGB) | 2.85% | 310 |
Corporate
235 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate Investment Grade Japan | 3.38% | 2898 |
| USD Corporate Investment Grade Japan | 5.93% | 320 |
| EUR Corporate Investment Grade Japan | 4.60% | 114 |
By rating
2 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate High Yield Japan | 3.82% | 213 |
| USD Corporate High Yield Japan | 8.31% | 35 |
By sector
10 curves
By issuer
220 curves
Automotive
12 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| USD Corporate TOYOTA | 5.72% | 61 |
| JPY Corporate TOYOTA | 3.28% | 50 |
| USD Corporate HONDA | 5.93% | 38 |
| JPY Corporate HONDA | 3.26% | 25 |
| EUR Corporate TOYOTA | 4.25% | 19 |
| EUR Corporate HONDA | 4.92% | 10 |
| JPY Corporate SUBARU | 3.23% | 7 |
| JPY Corporate BRIDGESTONE | 3.06% | 7 |
| AUD Corporate TOYOTA | 5.91% | 5 |
| JPY Corporate NISSAN MOTOR | 3.94% at 2Y | 5 |
| JPY Corporate DENSO | 3.14% | 4 |
| JPY Corporate SUMITOMO RIKO | 2.86% | 4 |
Banks
14 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate SHOKO CHUKIN | 3.21% | 122 |
| JPY Corporate SHINKIN CENTRAL | 2.45% | 54 |
| JPY Corporate SMFG | 3.02% | 35 |
| USD Corporate SMFG | 5.84% | 34 |
| JPY Corporate NOMURA | 3.59% | 30 |
| JPY Corporate SMTB | 3.16% | 29 |
| USD Corporate SMTB | 5.91% | 22 |
| EUR Corporate MIZUHO FG | 4.50% | 22 |
| USD Corporate NOMURA | 6.19% | 20 |
| USD Corporate NORINCHUKIN BANK | 6.14% | 14 |
| USD Corporate MUFG | 5.93% | 13 |
| USD Corporate MIZUHO BANK | 5.93% | 10 |
| EUR Corporate SMFG | 4.50% | 10 |
| JPY Corporate MIZUHO BANK | 2.58% at 3Y | 4 |
Chemicals
13 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate MITSUBISHI CHEMICAL | 3.54% | 22 |
| JPY Corporate ASAHI KASEI | 3.20% | 17 |
| JPY Corporate MITSUI CHEMICALS | 3.46% | 13 |
| JPY Corporate SUMITOMO CHEMICAL | 3.76% | 12 |
| JPY Corporate NIPPON SANSO | 2.82% | 8 |
| JPY Corporate DIC | 3.51% | 8 |
| JPY Corporate RESONAC | 3.27% | 5 |
| JPY Corporate TORAY | 3.34% | 5 |
| JPY Corporate TOYOBO | 2.63% at 4Y | 5 |
| JPY Corporate KURARAY | 2.82% | 5 |
| JPY Corporate JSR | 3.52% | 5 |
| JPY Corporate AIR WATER | 2.44% at 2Y | 4 |
| JPY Corporate MITSUBISHI GAS CHEMICAL | 2.54% at 4Y | 4 |
Consumer Products & Retail
18 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate KIRIN | 3.32% | 12 |
| JPY Corporate ASAHI GROUP | 3.03% | 12 |
| JPY Corporate AJINOMOTO | 3.32% | 10 |
| JPY Corporate ORIENTAL LAND | 3.04% | 9 |
| JPY Corporate PPIH | 2.96% | 9 |
| JPY Corporate AEON | 3.52% | 7 |
| JPY Corporate MORINAGA MILK | 3.09% | 7 |
| JPY Corporate NH FOODS | 3.16% | 6 |
| JPY Corporate SUNTORY | 2.70% | 6 |
| JPY Corporate NISSHIN OILLIO | 3.19% | 5 |
| JPY Corporate J.FRONT RETAILING | 3.36% | 5 |
| JPY Corporate NICHIREI | 2.62% | 5 |
| JPY Corporate SKYLARK | 3.64% | 5 |
| JPY Corporate SEVEN & I | 3.09% | 4 |
| JPY Corporate NISSIN FOODS | 3.08% | 4 |
| JPY Corporate MARUHA NICHIRO | 2.56% at 4Y | 4 |
| EUR Corporate ASAHI GROUP | 4.29% | 4 |
| JPY Corporate FOOD & LIFE COMPANIES LTD. | 2.58% at 3Y | 4 |
Financial Services (ex Banks)
20 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate CREDIT SAISON | 3.63% | 41 |
| JPY Corporate MITSUBISHI HC CAPITAL | 3.52% | 40 |
| JPY Corporate ORIX | 3.30% | 31 |
| JPY Corporate MIZUHO LEASING | 2.89% | 21 |
| JPY Corporate FUYO GENERAL LEASE | 2.75% | 20 |
| JPY Corporate SBI HOLDINGS | 3.50% | 16 |
| JPY Corporate JA MITSUI LEASING | 3.03% at 4Y | 16 |
| JPY Corporate RICOH LEASING | 3.11% | 14 |
| JPY Corporate JACCS | 2.76% | 14 |
| JPY Corporate DAIWA SECURITIES | 2.60% at 4Y | 12 |
| JPY Corporate TOKYO CENTURY | 2.69% | 11 |
| USD Corporate MITSUBISHI HC CAPITAL | 5.81% | 11 |
| JPY Corporate AEON FINANCIAL | 2.74% at 4Y | 10 |
| JPY Corporate ACOM | 2.69% | 9 |
| JPY Corporate RAKUTEN CARD | 4.04% | 8 |
| USD Corporate ORIX | 5.75% | 8 |
| JPY Corporate MARUI | 2.87% | 6 |
| JPY Corporate AIFUL | 2.51% at 3Y | 6 |
| JPY Corporate IBJ LEASING | 2.77% | 5 |
| JPY Corporate POCKET CARD | 2.71% at 4Y | 4 |
Healthcare & Pharmaceuticals
5 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| USD Corporate TAKEDA | 5.69% | 9 |
| JPY Corporate DAIICHI SANKYO | 3.41% | 6 |
| JPY Corporate OTSUKA | 3.06% | 6 |
| JPY Corporate ASTELLAS | 2.68% | 4 |
| JPY Corporate TAKEDA | 3.41% | 4 |
Industrials
33 curves
Infrastructure
1 curve
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate FUKUOKA-KITAKYUSHU EXPRESSWAY | 2.90% | 9 |
Insurance
1 curve
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| USD Corporate NIPPON LIFE | 5.60% | 4 |
Metals & Mining
4 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate JFE | 3.26% | 12 |
| JPY Corporate NIPPON STEEL | 3.24% | 12 |
| JPY Corporate KOBE STEEL | 3.06% | 7 |
| JPY Corporate MITSUI KINZOKU | 2.45% at 3Y | 4 |
Oil & Gas
4 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate IWATANI | 3.15% | 8 |
| JPY Corporate IDEMITSU | 2.74% | 7 |
| JPY Corporate ENEOS | 3.44% | 5 |
| JPY Corporate COSMO ENERGY | 3.37% | 5 |
Real Estate
38 curves
Technology, Media & Telecom
15 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate SOFTBANK GROUP | 3.75% | 34 |
| JPY Corporate HIKARI TSUSHIN | 4.84% | 34 |
| JPY Corporate NTT FINANCE | 3.28% | 31 |
| USD Corporate NTT FINANCE | 6.23% | 26 |
| JPY Corporate NEC | 3.11% | 25 |
| JPY Corporate GMO INTERNET | 4.00% | 18 |
| JPY Corporate KDDI | 3.04% | 16 |
| EUR Corporate NTT FINANCE | 4.68% | 13 |
| JPY Corporate RAKUTEN | 4.99% | 11 |
| JPY Corporate TDK | 3.11% | 9 |
| JPY Corporate YAHOO JAPAN | 2.95% | 9 |
| JPY Corporate SONY | 2.92% | 8 |
| JPY Corporate EPSON | 2.76% at 4Y | 5 |
| USD Corporate RAKUTEN | 6.76% at 2Y | 4 |
| USD Corporate KIOXIA | 6.50% | 4 |
Transportation
28 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate JR EAST | 3.22% | 122 |
| JPY Corporate JR WEST | 3.23% | 56 |
| JPY Corporate JR CENTRAL | 3.19% | 42 |
| JPY Corporate TOKYU | 3.26% | 32 |
| JPY Corporate HANKYU HANSHIN | 3.25% | 24 |
| JPY Corporate MEITETSU | 3.34% | 23 |
| JPY Corporate JR KYUSHU | 3.24% | 23 |
| JPY Corporate KINTETSU | 3.19% | 16 |
| JPY Corporate ODAKYU | 3.26% | 15 |
| JPY Corporate KEIO | 3.26% | 14 |
| JPY Corporate NISHITETSU | 3.33% | 13 |
| JPY Corporate NANKAI | 3.46% | 13 |
| JPY Corporate KEISEI | 3.31% | 13 |
| JPY Corporate KEIKYU | 3.31% | 12 |
| JPY Corporate NYK LINE | 3.24% | 11 |
| JPY Corporate TOBU RAILWAY | 3.39% | 11 |
| JPY Corporate YOKOHAMA MINATOMIRAI RAILWAY | 3.36% | 11 |
| JPY Corporate KEIHAN | 3.50% | 10 |
| EUR Corporate JR EAST | 4.36% | 10 |
| JPY Corporate SOTETSU | 3.36% | 9 |
| JPY Corporate JAL | 3.91% | 9 |
| JPY Corporate SEIBU | 3.29% | 6 |
| JPY Corporate SENKO | 2.93% | 6 |
| GBP Corporate JR EAST | 5.83% | 6 |
| JPY Corporate MITSUBISHI LOGISTICS | 2.94% | 5 |
| JPY Corporate TOKYO WATERFRONT AREA RAPID TRANSIT | 3.12% | 5 |
| JPY Corporate NIPPON EXPRESS | 3.19% | 4 |
| JPY Corporate KONOIKE | 2.61% at 4Y | 4 |
Utilities & Power
14 curves
| Curve | Yield (~10Y) | Bonds |
|---|---|---|
| JPY Corporate J-POWER | 3.46% | 51 |
| JPY Corporate TOKYO GAS | 3.19% | 43 |
| JPY Corporate JERA | 3.23% | 26 |
| JPY Corporate OSAKA GAS | 2.91% | 24 |
| JPY Corporate CHUBU ELECTRIC | 3.48% | 21 |
| JPY Corporate KYUSHU ELECTRIC | 3.43% | 14 |
| JPY Corporate KANSAI ELECTRIC | 3.43% | 14 |
| JPY Corporate TOHOKU ELECTRIC | 3.37% | 13 |
| JPY Corporate HOKKAIDO ELECTRIC | 3.34% | 13 |
| JPY Corporate TOHO GAS | 3.12% | 10 |
| JPY Corporate SAIBU GAS | 3.46% | 8 |
| JPY Corporate SHIKOKU ELECTRIC | 3.59% | 7 |
| JPY Corporate TEPCO RENEWABLE POWER | 3.27% | 6 |
| JPY Corporate CHUGOKU ELECTRIC | 3.48% | 4 |