---
source: Ministry of Finance Japan
url: https://www.mof.go.jp/english/policy/jgbs/auction/calendar/eresul/eresul20260501.htm
document_type: html
date_retrieved: 2026-05-01T03:47:56Z
period: May 2026
parent_publication: 10-Year Inflation-Indexed JGB Auction Results
indicators_covered: [Yield at Average Price]
---

# Auction Result of 10-Year Inflation-Indexed JGBs on May 1, 2026

The Ministry of Finance held an auction for 10-year inflation-indexed JGBs on May 1, 2026.

**Key Result:**
- **Security:** 10-year Inflation-Indexed Bonds
- **Issue Number:** 31
- **Auction Date:** May 1, 2026
- **Issue Date:** May 7, 2026
- **Maturity Date:** March 10, 2036
- **Nominal Coupon:** 0.6%
- **Amounts of Competitive Bids:** 848.6 billion yen
- **Amounts of Bids Accepted:** 249.9 billion yen
- **Lowest Accepted Price:** 100.20 per 100 yen
- **Yield at the Lowest Accepted Price:** 0.578%
- **Weighted Average Price:** (not shown)
- **Yield at the Average Price:** (not shown)

**Footnotes:**
- Lowest Accepted Price is not multiplied by the indexation coefficients.
- Yield at the Lowest Accepted Price is a simple interest rate.
- Indexation coefficient on issue date (May 7): 0.99340

The "Yield at the Lowest Accepted Price" of 0.578% matches the expected value from the payload. This is the benchmark yield for the 10-year inflation-indexed JGB auction.