Bond Nippon 0% ( JP1748121K26 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1748121K26 ( in JPY )
Interest rate	0%
Maturity	13/08/2019 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	2 299 940 000 000 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. An analysis of the bond identified by ISIN JP1748121K26 reveals a distinct financial instrument issued by Japan, a global economic powerhouse renowned for its highly developed economy, technological advancements, and a stable, albeit often low-interest rate, sovereign debt market. As the world's third-largest economy and a significant player in global finance, Japan's sovereign bonds are widely regarded for their creditworthiness and liquidity, often serving as a benchmark for safety in the Asia-Pacific region. This particular bond, denominated in Japanese Yen (JPY) and issued within Japan, was notable for its zero-coupon structure, meaning it carried a stated interest rate of 0%, with investors' returns predicated on the purchase price discounted from its par value at maturity. The issuance represented a substantial financial undertaking, with a total size of JPY 2,299,940,000,000, and was accessible to investors with a minimum purchase size set at JPY 50,000. Originally slated for maturity on August 13, 2019, this financial instrument has, as confirmed, successfully reached its maturity date and was fully repaid to its holders at 100% of its face value, signifying a complete and timely reimbursement of principal as expected for a single-payment instrument of this nature. This successful redemption underscores the reliability and fulfillment of obligations characteristic of sovereign debt issued by Japan.