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  "domain": "derivatives",
  "title": "JGB futures market and curve",
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  "frontmatter": {
    "title": "JGB futures market and curve",
    "aliases": [
      "jgb-futures-curve",
      "JGB futures Japan",
      "10-year JGB futures",
      "5-year JGB futures",
      "20-year JGB futures",
      "mini JGB futures",
      "OSE JGB futures",
      "cheapest-to-deliver JGB",
      "JGB cash-futures basis"
    ],
    "domain": "derivatives",
    "type": null,
    "created": "2026-05-25",
    "last_updated": "2026-07-29",
    "last_tended": "2026-07-29",
    "review_by": "2027-01-29",
    "confidence": "likely",
    "tags": [
      "derivatives",
      "JGB-futures",
      "OSE",
      "JSCC",
      "CTD",
      "basis-trade",
      "hedge",
      "BoJ"
    ],
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    "sources": [
      "JPX JGB futures specifications — https://www.jpx.co.jp/english/derivatives/products/jgb/jgb-futures/01.html",
      "JPX JGB futures delivery and settlement — https://www.jpx.co.jp/english/derivatives/products/jgb/jgb-futures/02.html",
      "JPX mini 10-year JGB futures — https://www.jpx.co.jp/english/derivatives/products/jgb/mini-jgb-futures/index.html",
      "JSCC listed-products clearing scope — https://www.jpx.co.jp/jscc/en/cash/futures/product.html",
      "BOJ JGB market-functioning review — https://www.boj.or.jp/en/research/wps_rev/rev_2025/rev25e03.htm"
    ]
  },
  "summary": "JGB futures are exchange-listed interest-rate derivatives traded on Osaka Exchange and cleared by JSCC. JPX's current physically delivered lineup comprises 5-year JGB futures, 10-year JGB futures, and mini 20-year JGB futures. Mini 10-year JGB futures are a separate cash-settled contract. The physic",
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    "JGB futures market and curve",
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    "Wiki route",
    "Contract Specifications",
    "Cheapest-to-Deliver (CTD)",
    "Basis Trade",
    "Settlement Cycle and JSCC Clearing",
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    "BoJ JGB Control Impact"
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