Bond Nippon 0.6% ( JP1103321DC2 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1103321DC2 ( in JPY )
Interest rate	0.6% per year ( payment 1 time a year)
Maturity	20/12/2023 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	8 231 590 000 000 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. This financial article provides a retrospective analysis of a recently matured Japanese government bond, ISIN JP1103321DC2, issued by Japan, a prominent global economic power and a highly regarded sovereign borrower in international capital markets. The bond, denominated in Japanese Yen (JPY) and originating from Japan, reached its scheduled maturity on December 20, 2023, whereupon it was fully repaid to investors at 100% of its nominal value. This particular obligation, part of a substantial issuance totaling JPY 8,231,590,000,000, carried an annual coupon rate of 0.6% and was structured with annual interest payments. With a minimum purchase increment set at JPY 50,000, the bond's successful redemption underscores the timely fulfillment of the Japanese government's financial commitments to its bondholders.