About
Contact

Welcome! AsianBondsOnline is a one-stop source of information on bond markets in emerging East Asia.

Home

Data Portal
Economies
▸ Brunei Darussalam ▸ Cambodia ▸ People's Republic of China ▸ Hong Kong, China ▸ Indonesia ▸ Japan ▸ Republic of Korea ▸ Lao People's Democratic Republic ▸ Malaysia ▸ Myanmar ▸ Philippines ▸ Singapore ▸ Thailand ▸ Viet Nam
Market Watch
Publications
Events
What's New
Sustainable Finance
ABMF
Macro Tracker
▸ About ▸ Economy Dashboard ▸ Resources
Fiscal Asia
▸ Fiscal Indicators ▸ ADB Fiscal Research and Publications ▸ Events

Home
Japan

Japan

Market at a Glance
Data
Market Structure
Bond Issuances
News

Market Watch

Close of December 25, 2025		Change From
Govt. Bond Yields	Latest Yield	Previous Day	Previous Week	YTD
2 Year	1.131	▲ 2.3	▲ 5.8	▲ 52.6
5 Year	1.519	▲ 2.1	▲ 8.2	▲ 77.4
10 Year	2.050	▲ 0.1	▲ 7.9	▲ 94.9
* Government bond yield changes are expressed in basis points. ▸ More details
Currencies	Latest Rate	Previous Day	Previous Week	YTD
JPY per USD	155.830	▲ 0.1	▼ 0.2	▲ 0.9
JPY per JPY	1.000	◆ 0.0	◆ 0.0	◆ 0.0
* Exchange rate changes are expressed as a percentage change. ▸ More details
Interest Rates	Latest Rate	Previous Day	Previous Week	YTD
1D TIBOR	0.728	▼ 1.2	▲ 25.1	▲ 50.1
* Interest rate changes are expressed in basis point change. ▸ More details

Policy Rates

Change From

Policy Rates

Latest Rate
(24-Jan-2025)

Previous Rate
(1-Aug-2024)

YTD
Rate

Uncollateralized Overnight Call Rate

0.500

▲ 25.0

▲ 25.0

* Policy rate changes are expressed in basis point change.

▸ More details

Sovereign Ratings

Agency	Rating	Outlook	Date
Regional Rating Institutions
R&I	AA+	stable	2019-12-05
RAM	A1	stable	2019-06-25
Non-Regional Rating Institutions
Fitch	A	negative	2020-07-29
S&P	A+	stable	2020-06-09
▸ More details

NEWS HIGHLIGHTS

Japan plans $189 billion new debt issuance in next year's budget, draft shows
BOJ's hawkish wink suggests next hike may be sooner than markets think
BOJ debated need to keep raising rates, October meeting minutes show
Japan Shares Rise as Bond Yields Retreat; Tech Jitters Weigh on Nikkei
Japan's yen rises vs dollar on intervention hints; US dollar slumps

Read full index for News and Commentary

BOND ISSUANCES

Auction Result of Treasury Discount Bills on December 18, 2025
Auction Result of Treasury Discount Bills on December 17, 2025
Result of Liquidity Enhancement Auction on December 16, 2025
Auction Result of Treasury Discount Bills on December 12, 2025
Auction Result of 20-Year JGBs on December 11, 2025

AsianBondsOnline 2025 © Asian Development Bank. All Rights Reserved. Reproduction in whole or in part without permission is prohibited.
ADB Headquarters: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines.

asianbonds_info [at] adb.org

Thank you for visiting AsianBondsOnline. Help us improve our website by participating in a short survey

AsianBondsOnline User Feedback Survey

Thank you for visiting the ABO website!

1. I was able to access the information I needed from the ABO website. Yes No

2. Using the ABO website has deepened my knowledge of and capacity to address key issues in sustainable bond market development.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree

3. The information and knowledge shared on the ABO website are relevant to my current work, tasks, or studies.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree

4. Kindly rate your experience using the ABO website.

😀 Excellent 🙂 Good 😐 Average 🙁 Poor 😦 Bad

5. Kindly provide any additional feedback and suggestion to help us improve your user experience. (Optional) *Only letters, numbers, spaces, and periods are allowed.

Thank you for your feedback!