Bond Nippon 0% ( JP130046PF39 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP130046PF39 ( in JPY )
Interest rate	0%
Maturity	20/03/2045
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. This financial analysis details a specific sovereign bond, identified by ISIN JP130046PF39, issued by Japan, a prominent global economic power recognized for its advanced industrial market economy, stable political landscape, and significant influence in international financial markets. As a sovereign issuer, Japan is frequently considered a safe-haven entity within the global bond market, underpinned by its sophisticated economy, robust institutional framework, and often resilient financial standing, despite facing demographic challenges and high public debt. This particular debt instrument, denominated in Japanese Yen (JPY), is notable for its 0% interest rate, classifying it as a zero-coupon obligation, which traditionally implies that investors purchase the bond at a discount and realize returns from the difference between that purchase price and the par value received at maturity. However, the current market price for this security is reported at 100% of its par value, which, when combined with a 0% interest rate and a long maturity date of March 20, 2045, indicates a nominal yield of zero percent if acquired at this price and held until redemption. The minimum purchase size for this security is set at 50,000 JPY, and the payment frequency, specified as 1, refers to the single principal repayment occurring at the bond's maturity.