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ItalianoBond Nippon 0% ( JP110335PE99 ) in JPY
| Issuer | Nippon |
| Market price | 100 % ⇌ |
| Country |  Japan
|
| ISIN code |
 JP110335PE99 ( in JPY )
|
| Interest rate | 0% |
| Maturity | 20/09/2024 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 50 000 JPY |
| Total amount | / |
| 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 examination of the recently matured Japanese sovereign bond, identified by ISIN JP110335PE99, provides insight into a direct government financing instrument from Japan, a major global economy and a highly creditworthy sovereign issuer; this particular zero-coupon bond, denominated in Japanese Yen (JPY) and issued domestically, carried a 0% interest rate, necessitating no interim payments, and had a minimum purchase increment of 50,000 JPY before its maturity date of September 20, 2024, at which point it successfully redeemed at 100% of its face value, having been fully reimbursed to investors. |