Every public country opens its bond programme with a first emission of 10,000 treasury bonds — private countries have no parliament to vote a loan, so they never issue any. Every bond in the world is worth the same: a face value of $0.10, paid in the issuer's own national currency at the exchange rate of the day the emission opened — so the price differs from country to country but the value never does. Each emission is a separate tranche with its own daily coupon rate and its own maturity date, so two bonds from the same country can pay differently and redeem on different days. Hold a bond and the state budget pays its emission's coupon every single day; when the emission matures the treasury buys it back at face value. Buy straight from the treasury or from other citizens, then hold for the coupon or list your own at any price you like. A country's credit rating climbs and falls with its budget — and if the treasury can no longer cover its coupons, it defaults on its debt until its finances recover.
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AAA
Prime
163,431.23
JPY · $1,037.92
131
2 Holders
5.3637
JPY /day
1
0.25%/day
Country
Interest
Maturity
Price
Qty
Primary · Emission #125 · Opening emission
Interest
0.25%/day
0.0409 JPY/day per bond
Maturity
Jul 24, 2027
Issued Jul 24, 2026
Price
16.38 JPY
face 16.38
Log in to trade treasury bonds.
Paid in the last 30 days: 160.911 JPY
When
Country
Holder
Qty
Amount
25d ago
Mandalorian · Emission #125
65
2.6614 JPY
25d ago
bit1254 · Emission #125
66
2.7023 JPY
26d ago
Mandalorian · Emission #125
65
2.6614 JPY
26d ago
bit1254 · Emission #125
66
2.7023 JPY
27d ago
Mandalorian · Emission #125
65
2.6614 JPY
27d ago
bit1254 · Emission #125
66
2.7023 JPY
28d ago
Mandalorian · Emission #125
65
2.6614 JPY
28d ago
bit1254 · Emission #125
66
2.7023 JPY
29d ago
Mandalorian · Emission #125
65
2.6614 JPY
29d ago
bit1254 · Emission #125
66
2.7023 JPY
Aug 22, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 22, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 21, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 21, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 20, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 20, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 19, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 19, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 18, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 18, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 17, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 17, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 16, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 16, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 15, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 15, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 14, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 14, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 13, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 13, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 12, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 12, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 11, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 11, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 10, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 10, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 8, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 8, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 7, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 7, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 6, 2026
Mandalorian · Emission #125
65
2.6614 JPY
Aug 6, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 5, 2026
bit1254 · Emission #125
63
2.5795 JPY
Aug 4, 2026
bit1254 · Emission #125
62
2.5385 JPY
Aug 3, 2026
bit1254 · Emission #125
62
2.5385 JPY
Aug 2, 2026
bit1254 · Emission #125
50
2.0472 JPY
Aug 1, 2026
bit1254 · Emission #125
50
2.0472 JPY
1 2 Page 2 of 2 · 97 result(s)
#
Owner
Country
Held
Listed
Per day
1
bit1254
66
0
2.7023 JPY
2
Mandalorian
65
0
2.6614 JPY
When
Country
Type
Buyer
Qty
Total
Aug 23, 2026
Issue
bit1254 ← State Treasury
Emission #125
3
49.13 JPY
Aug 6, 2026
Issue
Mandalorian ← State Treasury
Emission #125
65
1,064.55 JPY
Aug 5, 2026
Issue
bit1254 ← State Treasury
Emission #125
1
16.38 JPY
Aug 3, 2026
Issue
bit1254 ← State Treasury
Emission #125
12
196.53 JPY
Aug 1, 2026
Issue
bit1254 ← State Treasury
Emission #125
50
818.89 JPY
Country
Rating
Issued
Per day
1 2 Page 1 of 2 · 77 result(s)
