Bond Nippon 0% ( JP1740491N14 ) in JPY

Issuer Nippon
Market price 100 %  ⇌ 
Country  Japan
ISIN code  JP1740491N14 ( in JPY )
Interest rate 0%
Maturity 11/07/2022 - 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 3 449 940 000 000 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.

A recent financial market analysis highlights the maturity and successful repayment of a specific sovereign debt instrument, identified by ISIN JP1740491N14. This bond was issued by Japan, a prominent global economic power and one of the world's leading sovereign issuers, renowned for its highly developed economy, stable financial markets, and deep capital pools. The Japanese government regularly issues bonds to finance its diverse public services, manage its treasury operations, and maintain national liquidity, leveraging its strong credit standing to attract a broad investor base both domestically and internationally. This particular obligation, denominated in Japanese Yen (JPY), represented a significant issuance with a total aggregate principal amount of JPY 3,449,940,000,000, structured with a minimum purchase threshold set at JPY 50,000 per unit. A distinctive feature of this instrument was its 0% interest rate, indicating it functioned as a zero-coupon bond, where the return to investors was derived from the difference between its purchase price (typically at a discount) and its par redemption value. Although its payment frequency was listed as one, the zero coupon effectively meant no periodic interest payments. Having reached its scheduled maturity date on July 11, 2022, the bond was reported at a market price of 100% as of its redemption, confirming its full repayment. This successful redemption underscores Japan's commitment to fulfilling its financial obligations to investors, reinforcing confidence in its sovereign debt.