|Break-Even Inflation Rate|
※1 ～Oct 7, 2013 Issue 10 year #293(redemption date：20/June/2018)―Issue Inflation-Index #16(redemption date：10/June/2018)
※2 Oct 8, 2013～ Compound interest rate of Issue 10 year Bond―Compound interest rate of new Inflation-Indexed Bond|
＜Calculation method for BEI＞
Break-Even Infration Rate can be interpreted as the market measure of inflation expectations. Using the following simplified formula, the data in the avobe chart ara calculated based on the BB JGB Closing Prices.
R：nominal yield (compound) ｒ：real yield (compound)