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  "domain": "derivatives",
  "title": "JGB inflation-linked bond (JGBi)",
  "entry_type": "wiki_entry",
  "frontmatter": {
    "title": "JGB inflation-linked bond (JGBi)",
    "aliases": [
      "jgb-inflation-linked-bond-jgbi",
      "JGBi",
      "Japan inflation linked bonds",
      "JGB inflation linked",
      "物価連動国債",
      "MoF JGBi auction",
      "JGBi reopening",
      "JGBi breakeven inflation rate",
      "linker JGB"
    ],
    "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",
      "JGBi",
      "inflation-linked-bond",
      "MoF",
      "JGB",
      "BEI",
      "breakeven-inflation",
      "primary-dealer",
      "BoJ-holdings"
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    "note": null,
    "sources": [
      "MOF JGBi product page — https://www.mof.go.jp/english/policy/jgbs/topics/bond/10year_inflation/index.htm",
      "MOF indexation coefficient — https://www.mof.go.jp/english/policy/jgbs/topics/bond/10year_inflation/coefficient.htm",
      "MOF JGB auction surface — https://www.mof.go.jp/english/policy/jgbs/auction/index.htm",
      "Statistics Bureau CPI — https://www.stat.go.jp/english/data/cpi/index.html",
      "BOJ JGB holdings statistics — https://www.boj.or.jp/en/statistics/boj/fm/jgb/index.htm"
    ]
  },
  "summary": "JGBi (物価連動国債, \"Japan Government Bond Inflation-Indexed\") is the inflation-linked variant of the Japanese Government Bond (JGB), issued by the Ministry of Finance (MoF) with principal indexed to the Japan CPI ex-fresh-food index. JGBi was first issued in March 2004; issuance was paused in 2008 amid t",
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    "Issuance History",
    "Auction and Reopening Mechanics",
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    "Foreign Investor Share",
    "Breakeven Inflation Rate Signal",
    "BoJ Holdings",
    "JGBi vs JGB Cash Market Liquidity"
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