Government bond yield · Japan
Japan 6-Month Bill Auction
The Japan 6-Month Bill Auction is the yield on Japan's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
- الأهمية
- Low
- صدر
- Monthly
- الإصدار التالي
- العملة
- JPY · Japanese yen
- البنك المركزي
- The Bank of Japan
أحدث الأرقام
صدر آخر إصدار في 2026-10-08 وجاء عند 1.4051%. هذا أعلى من 1.2887% في المرة السابقة.
خلال آخر 12 إصدارات تراوح بين 0.5893% و1.4051%، بمتوسط 0.9578%. ظل يرتفع لثلاثة إصدارات متتالية.
| صدر | المدة | الفعلي | التوقعات | السابق |
|---|---|---|---|---|
| 8 Oct 2026 | – | 1.4051% | – | 1.2887% |
| 9 Sep 2026 | – | 1.2887% | – | 1.1753% |
| 6 Aug 2026 | – | 1.1753% | – | 1.0118% |
| 8 Jul 2026 | – | 1.0118% | – | 0.9821% |
| 9 Jun 2026 | – | 0.9821% | – | 0.9197% |
| 7 May 2026 | – | 0.9197% | – | 0.9464% |
| 9 Apr 2026 | – | 0.9464% | – | 0.8626% |
| 9 Mar 2026 | – | 0.8626% | – | 0.8484% |
| 9 Feb 2026 | – | 0.8484% | – | 0.7697% |
| 8 Jan 2026 | – | 0.7697% | – | 0.6942% |
| 9 Dec 2025 | – | 0.6942% | – | 0.5893% |
| 6 Nov 2025 | – | 0.5893% | – | 0.5933% |
لماذا يهم
Government yields are the base of every other interest rate. Short maturities follow the Bank of Japan's policy rate closely; long ones reflect expected growth, inflation and the risk of holding long debt. Higher yields relative to other countries attract capital and support the Japanese yen; the gap between long and short yields (the yield curve) is a classic recession signal when it turns negative.
طريقة الحساب
The yield is the interest rate that makes the present value of the bond's coupons and repayment equal to its price; on a calendar it often reports the average yield at a government auction.
Price = Σ coupon ÷ (1 + y)ᵗ + face ÷ (1 + y)ᵀ
Inflation-linked (TIPS) yield ≈ nominal yield − expected inflationما تعنيه التغيرات
- Yields rise when prices of bonds fall: strong data and hawkish central banks push yields up.
- An inverted curve (2-year above 10-year) has preceded most US recessions, with a lag of a year or more.
- Inflation-linked yields show the real (after-inflation) return.
لمحة تاريخية قصيرة
Government bond markets go back to the Dutch and English debt of the 17th century; the US Treasury yield curve has been watched as a recession signal since research by Campbell Harvey in the 1980s.
الأسئلة
What is the Japan 6-Month Bill Auction?
The Japan 6-Month Bill Auction is the yield on Japan's government debt of that maturity: the annual return an investor earns by buying the bond or bill at today's price and holding it to maturity.
What was the latest Japan 6-Month Bill Auction?
1.4051%, published on 8 October 2026.
When is the next Japan 6-Month Bill Auction?
On Monday 9 November 2026 at 03:35 UTC.
محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.