Bond Nippon 0% ( JP1740421MC0 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1740421MC0 ( in JPY )
Interest rate	0%
Maturity	14/03/2022 - 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	4 299 960 000 000 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. An insightful review of the recently matured Japanese government bond, identified by ISIN JP1740421MC0, provides a clear illustration of sovereign debt characteristics within a low-yield economic landscape; this specific bond was issued by Japan, a globally significant economic power and a highly creditworthy sovereign entity known for its robust fiscal management and the stability it offers to investors, which often translates into exceptionally low, or even negative, borrowing costs reflecting strong market confidence and the Bank of Japan's accommodative monetary policy environment. Denominated in Japanese Yen (JPY), the issuance represented a substantial total size of JPY 4,299,960,000,000, with individual subscriptions possible from a minimum of JPY 50,000; a defining feature of this security was its 0% interest rate, emblematic of the broader Japanese bond market where yields have been suppressed for an extended period, positioning these instruments as principal preservation vehicles rather than income generators for many investors. Having reached its scheduled maturity date on March 14, 2022, the bond has since been fully repaid at its market price of 100% of par, completing its financial lifecycle and reinforcing the issuer's commitment to its debt obligations.