Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Japanese Government Bond

(JP/)

Japanese Government Bond chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

Why trade bonds and rates with IG?

Hedge against losses

Protect your capital against unpredictable markets

Take advantage of economic uncertainty

Back your judgement on future changes in rates and bonds

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

  • Costs and details
  • Related markets
  • CFD
  • Spreadbetting

Minimum size 0.50

Contract size JPY 2,000

One Pip means 0.01

Value of one Pip JPY 2,000 (GBP 10.24)

Margin 3.33%

Minimum stop distance 5

Minimum guaranteed stop distance 75

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 15.81 Contracts - JPY 3.33%
2 15.81 - 63.23 Contracts - JPY 3.33%
3 63.23 - 94.84 Contracts - JPY 3.33%
4 94.84 + Contracts - JPY 3.33%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Expiry date 12/12/24

Last dealing date and time 12/12/24 06:10


Settlement


Settles based on the final settlement price of the 10-year mini-JGB futures as reported by SGX +/- IG dealing spread.

Last rollover time 12/12/24 05:55


Rollover info


Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.

* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.

* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.

Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

This is calculated to the nearest 1%.

Discover opportunity in-platform

Discover opportunity in-app

Open a free, no-risk demo account to stay on top of market movement and important events.

Reuters news feed

React to the latest market-moving news in-platform, where you need it

Three types of alert

Be notified when a market changes an amount, hits a level or fulfils your technical conditions

Economic calendar

Plan your trades around the macroeconomic events affecting bonds and rates, with customisable alerts to remind you ahead of time

Spot markets

Trade the Bund and more without monthly expiries

Reuters news feed

Three types of alert

Economic calendar

Spot markets

Find your next trade

Get The Week Ahead, our free rundown of the coming week’s market-moving events and economic announcements, delivered to your inbox every Sunday.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Back your judgement on future changes in long-term interest rates and hedge your existing positions, with our selection of bonds markets. Find out more about why you should choose IG.

Back your judgement on future changes in short-term interest rates and hedge your existing positions, with our selection of interest rate markets. Find out more about why you should choose IG.

Discover why so many clients choose us, and what makes us the world's No.1 provider of spread betting and CFDs.1

Improve your trading skills by working through interactive courses on the IG Academy app.

1For CFDs, based on revenue excluding FX, published financial statements, October 2016; number of active UK financial spread betting accounts (Investment Trends UK Leveraged Trading Report October 2016); for forex based on number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report October 2016).