Bond Nippon 0% ( JP130065PL11 ) in JPY

Issuer	Nippon
Market price	100 % ▲
Country	Japan
ISIN code	JP130065PL11 ( in JPY )
Interest rate	0%
Maturity	20/12/2049
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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. The Japanese government, as the sovereign issuer of one of the world's largest developed economies, has an outstanding long-term obligation (ISIN: JP130065PL11) issued in Japan and denominated in JPY, which is characterized as a zero-coupon bond with a 0% interest rate, meaning its single effective 'payment' occurs at its December 20, 2049 maturity, and is currently quoted at 100% of its face value in the market.