Bond Nippon 0% ( JP120171PL13 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP120171PL13 ( in JPY )
Interest rate	0%
Maturity	20/12/2039
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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 details the bond identified by ISIN JP120171PL13, a sovereign debt instrument issued by Japan, a highly developed nation with a robust, export-oriented economy and a consistently strong sovereign credit profile, which was issued in its domestic market and is currently trading at 100% of its par value in Japanese Yen (JPY), notably featuring a 0% interest rate, categorizing it as a zero-coupon bond whose yield is derived from its purchase price discount, with a maturity date of December 20, 2039, and a payment frequency of one, indicating the single principal repayment at redemption.