March 14, 2024
Ministry of Finance
Issuance of the Bonds with Fixed-Rate Coupons (FY2024)
Issuance and reopening schedule of the Bonds with Fixed-Rate Coupons will be as follows.
1) 10-year Bonds (4 issues in FY2024 unless interest rates fluctuate wildly(*))
* The gap between the coupon rate of the issue with the same maturity and the market interest rate on the auction day is more than 0.30%.
＜In case of 4 issues in FY2024＞
- April, May and June 2024 issues will be the issue No.374. (Maturity March 20, 2034)
- July, August and September 2024 issues will be the issue No.375. (Maturity June 20, 2034)
- October, November and December 2024 issues will be the issue No.376. (Maturity September 20, 2034)
- January, February and March 2025 issues will be the issue No.377. (Maturity December 20, 2034)
2) 20-year Bonds (4 issues in FY2024)
- April, May and June 2024 issues will be the issue No.188. (Maturity March 20, 2044)
- July, August and September 2024 issues will be the issue No.189. (Maturity June 20, 2044)
- October, November and December 2024 issues will be the issue No.190. (Maturity September 20, 2044)
- January, February and March 2025 issues will be the issue No.191. (Maturity December 20, 2044)
3) 30-year Bonds (4 issues in FY2024)
- April, May and June 2024 issues will be the issue No.82. (Maturity March 20, 2054)
- July, August and September 2024 issues will be the issue No.83. (Maturity June 20, 2054)
- October, November and December 2024 issues will be the issue No.84. (Maturity September 20, 2054)
- January, February and March 2025 issues will be the issue No.85. (Maturity December 20, 2054)
4) 40-year Bonds (1 issue in FY2024)
- May, July, September, November 2024, January and March 2025 issues will be the issue No.17. (Maturity March 20, 2064)
- Auction method is Dutch-style-yield-competitive auction (0.5 bp bidding scale).
5) 5-year Bonds (The maturity date and coupon rate for the new issue are the same as those for the outstanding issue)
(Reference) 2-year Bonds : No reopening rule
(Note) The plan could be changed owing to market conditions and others.