Bond Nippon 0% ( JP1740671N32 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1740671N32 ( in JPY )
Interest rate	0%
Maturity	27/06/2022 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	5 699 890 000 000 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. This financial article details a specific Japanese government bond, identified by ISIN JP1740671N32, which was issued by Japan, a globally significant and highly developed sovereign nation renowned for its stable economy and robust financial markets, within its own borders; this particular instrument was a zero-coupon bond, bearing a 0% interest rate and denominated in Japanese Yen (JPY), representing a total issue size of JPY 5,699,890,000,000 with a minimum purchase size set at JPY 50,000, and despite a stated payment frequency of one (referring to the single principal repayment at the end of its term), it successfully reached its maturity on June 27, 2022, having since been fully redeemed at its 100% par value on the market, thereby concluding its financial lifecycle.