This revision is in response to the introduction of the re-open method for Japanese government bonds issued after March 2001.
5-year JGB Futures
Revised
Publicly offered interest-bearing JGBs with at least 4 but less than 5.25 years remaining to maturity as of the issued* and delivery dates. (The deliverable grade has to be issued at least 3 months prior to the delivery month.)
Current
Publicly offered interest-bearing JGBs with at least 4 but less than 5.25 years remaining to maturity as of the issued and delivery dates. (The deliverable grade has to be issued at least 3 months prior to the delivery month.)
10-year JGB Futures
Revised
Publicly offered interest-bearing JGBs with at least 7 but less than 11 years remaining to maturity as of the issued* and delivery dates. (The deliverable grade has to be issued at least 3 months prior to the delivery month.)
Current
Publicly offered interest-bearing JGBs with at least 7 but less than 11 years remaining to maturity as of the issued and delivery dates. (The deliverable grade has to be issued at least 2 months prior to the delivery month.)
20-year JGB Futures
Revised
Publicly offered interest-bearing JGBs with at least 15 but less than 21 years remaining to maturity as of the issued* and delivery dates. (The deliverable grade has to be issued at least 3 months prior to the delivery month.)
Current
Publicly offered interest-bearing JGBs with at least 15 but less than 21 years remaining to maturity as of the issued and delivery dates. (The deliverable grade has to be issued at least 2 months prior to the delivery month.)
* The issued date for re-opened JGBs will be the date of the oldest issue.
This revision will be implemented from the June 2001 contract month onwards.
