Bond Nippon 0.1% ( JP1023991K47 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1023991K47 ( in JPY )
Interest rate	0.1% per year ( payment 1 time a year)
Maturity	01/04/2021 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	2 227 700 000 JPY
Detailed description	Japan is an archipelago nation in East Asia known for its rich culture, technological advancements, and unique blend of traditional and modern societies. An analysis of the Japanese sovereign bond, identified by ISIN JP1023991K47, provides insight into a debt instrument issued by Japan, a globally significant economy recognized for its robust fiscal framework and advanced financial infrastructure. This particular obligation, denominated in Japanese Yen (JPY), carried an annual interest rate of 0.1% and represented a total issuance volume of 2,227,700,000 JPY, with a minimum acquisition size set at 50,000 JPY. The bond, which commanded a market price of 100% prior to its conclusion, featured a payment frequency of 1, and ultimately reached its maturity date on April 1, 2021, having been fully reimbursed to its holders, thereby completing its operational life cycle.