Bond Nippon 0% ( JP1741101N97 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1741101N97 ( in JPY )
Interest rate	0%
Maturity	06/01/2023 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	5 599 970 000 000 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 examination of the recently matured sovereign bond, identified by ISIN JP1741101N97, issued by Japan, a prominent global economic power and one of the world's most developed nations known for its advanced technological landscape and robust, stable financial markets, reveals the specific attributes of this governmental debt instrument; this zero-coupon bond, denominated in Japanese Yen (JPY) and issued by the Japanese government from its home country, represented a total issuance volume of 5,599,970,000,000 JPY, with individual units available for a minimum purchase of 50,000 JPY, and having reached its stipulated maturity date on January 6, 2023, was fully redeemed at its par value of 100% on the market, signifying the complete repayment of principal to its holders despite an indicated payment frequency of one, which for a zero-coupon bond signifies the singular principal redemption event.