Japan Retail JGB Issuance
Monthly issuance of Japanese government bonds for individual investors since March 2003 — fixed-rate 3-year, fixed-rate 5-year and floating-rate 10-year — in 100 million yen, with the coupon rate of each issue (initial rate for the floating-rate bond).
| Indicator | 09-2026 | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail JGB issuance, total3 | 10,729.09 | 10,177.19 | 6,562.33 | 7,272.44 | 9,434.66 | 7,214.37 | 8,742.8 | 7,529.71 | 5,033.89 | 3,309.21 | 4,510.41 | 4,413.6 | 3,528.7 | 3,030.11 | 5,904.83 | 3,345.51 | 6,042.77 | 6,134.09 | 4,245.52 | 3,207.61 | 5,131.13 | 3,420.31 | 3,037.73 | 3,766.63 | 3,045.67 | 4,654.21 | 4,644.33 | 3,568.49 | 3,843.19 | 2,373.25 | 2,781.87 | 2,440.18 | 2,881.75 | 3,499.72 | 3,458.67 | 3,371.03 | 2,940.2 | |
| Fixed-rate 3-year: amount issued | 1,417.29 | 1,304.17 | 913.75 | 1,175.25 | 1,806.61 | 1,522.51 | 1,524.37 | 1,175.24 | 785.43 | 594.53 | 941.33 | 743.26 | 573.03 | 548.85 | 688.79 | 662.36 | 1,103.23 | 1,051.12 | 664.58 | 553.69 | 1,001.97 | 574.87 | 502.44 | 528.07 | 267.66 | 388.93 | 509.42 | 314.19 | 240.72 | 145.46 | 87.94 | 107.34 | 124.07 | 214.54 | 192.95 | 140.02 | 188.65 | |
| Fixed-rate 5-year: amount issued | 5,996.58 | 5,460.34 | 2,961.59 | 4,024.64 | 5,272.04 | 3,720.63 | 4,779.28 | 3,529.49 | 2,136.22 | 1,527.59 | 2,322.93 | 2,351.72 | 1,509.49 | 1,377.11 | 3,282.99 | 1,454.56 | 3,042.85 | 2,882.2 | 1,482.13 | 1,158.59 | 1,894.02 | 1,206.61 | 783.3 | 1,153.86 | 441.73 | 1,426.2 | 1,253.6 | 960.53 | 814.07 | 449.81 | 455.14 | 412.77 | 637.08 | 1,035.52 | 812.5 | 497.8 | 526.61 | |
| Floating-rate 10-year: amount issued | 3,315.22 | 3,412.67 | 2,686.99 | 2,072.54 | 2,356.02 | 1,971.23 | 2,439.15 | 2,824.98 | 2,112.25 | 1,187.08 | 1,246.15 | 1,318.62 | 1,446.17 | 1,104.16 | 1,933.05 | 1,228.59 | 1,896.69 | 2,200.77 | 2,098.81 | 1,495.34 | 2,235.15 | 1,638.83 | 1,751.99 | 2,084.7 | 2,336.28 | 2,839.08 | 2,881.31 | 2,293.78 | 2,788.4 | 1,777.98 | 2,238.78 | 1,920.07 | 2,120.59 | 2,249.66 | 2,453.21 | 2,733.21 | 2,224.95 | |
| Coupon rates3 | ||||||||||||||||||||||||||||||||||||||
| Fixed-rate 3-year coupon | 1.71 | 1.56 | 1.51 | 1.57 | 1.51 | 1.34 | 1.39 | 1.3 | 1.1 | 0.99 | 1.01 | 0.93 | 0.79 | 0.76 | 0.79 | 0.66 | 0.78 | 0.87 | 0.74 | 0.62 | 0.6 | 0.49 | 0.34 | 0.38 | 0.28 | 0.38 | 0.4 | 0.29 | 0.18 | 0.16 | 0.05 | 0.05 | 0.05 | 0.19 | 0.09 | 0.05 | 0.05 | |
| Fixed-rate 5-year coupon | 2.06 | 1.95 | 1.86 | 1.89 | 1.79 | 1.58 | 1.66 | 1.59 | 1.35 | 1.19 | 1.22 | 1.12 | 0.97 | 0.96 | 1 | 0.83 | 0.95 | 1.03 | 0.89 | 0.77 | 0.71 | 0.6 | 0.46 | 0.51 | 0.39 | 0.61 | 0.59 | 0.45 | 0.36 | 0.33 | 0.25 | 0.18 | 0.25 | 0.42 | 0.33 | 0.21 | 0.14 | |
| Floating-rate 10-year (initial rate) coupon | 1.87 | 1.8 | 1.74 | 1.67 | 1.55 | 1.4 | 1.48 | 1.39 | 1.23 | 1.1 | 1.08 | 1.06 | 0.97 | 0.96 | 1 | 0.84 | 0.93 | 0.92 | 0.83 | 0.75 | 0.71 | 0.65 | 0.57 | 0.61 | 0.61 | 0.72 | 0.69 | 0.57 | 0.5 | 0.47 | 0.49 | 0.4 | 0.46 | 0.6 | 0.51 | 0.43 | 0.39 |
Latest reading
Retail JGB issuance, total stood at 10,729.09 100 million yen in Sep 2026. That is +5.4% from Aug 2026 and +204.1% from a year earlier. The series on this page is monthly and runs from Mar 2003 to Sep 2026.
- Latest
- 10,729.09 100 million yen
- Sep 2026
- vs previous period
- +5.4%
- Aug 2026
- vs a year earlier
- +204.1%
About this data
Monthly issuance of Japanese government bonds for individual investors since March 2003 — fixed-rate 3-year, fixed-rate 5-year and floating-rate 10-year — in 100 million yen, with the coupon rate of each issue (initial rate for the floating-rate bond). Source: Ministry of Finance Japan.
