The secondary bond market is split between exchange market trades and over-the-counter (OTC) transactions. Fixed-rate Japanese Government Bonds (JGBs) of 2, 5, 10, 20, and 30 years are listed on the Tokyo, Osaka, and Nagoya stock exchanges. Transaction volumes are published daily. Japan has five major exchanges for corporate equities, bonds, and derivatives. Each exchange follows its own listing requirements and trading system. For instance, the Tokyo Stock Exchange (TSE) uses its Tokyo Stock Exchange Trading Network System (ToSTNET), which also offers a platform for off-hours trading.

Bond futures are either medium-term government bond futures (5-year JGB), long-term government bond futures (10-year JGB), or super-long-term government bond futures (20-year JGB). JGB futures are both traded over-the-counter (OTC), and at the Tokyo Financial Exchange (TFX) and TSE.

Information on how to trade JGBs is available through the websites linked below.