Bond Nippon 0% ( JP1748141K22 ) in JPY

Issuer Nippon
Market price 100 %  ⇌ 
Country  Japan
ISIN code  JP1748141K22 ( in JPY )
Interest rate 0%
Maturity 27/05/2019 - Bond has expired



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Minimal amount 50 000 JPY
Total amount 4 339 950 000 000 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 detailed review of a specific sovereign debt instrument, identified by its International Securities Identification Number (ISIN) JP1748141K22, provides insight into the financing activities of the Government of Japan. The issuer, Japan, represents one of the world's leading economic powers, renowned for its highly developed financial markets and consistently strong creditworthiness, making its government bonds widely regarded as secure assets by investors globally. This particular security was a Japanese government bond, denominated in Japanese Yen (JPY), the national currency of the country of issuance. With a recorded interest rate of 0%, this instrument reached its designated maturity on May 27, 2019, at which point it was redeemed at 100% of its face value, signifying the full repayment of principal to bondholders. The total issuance size for this bond was remarkably substantial, amounting to JPY 4,339,950,000,000, illustrating a significant component of the Japanese government's borrowing program. Individual investors were able to participate with a minimum purchase size of JPY 50,000. While a payment frequency of '1' was indicated, in the context of a 0% interest rate for a bond that has matured, this typically refers to the single, final principal repayment at the conclusion of its term rather than recurring coupon disbursements. Importantly, this bond has successfully completed its full lifecycle, having matured and been fully redeemed, thereby fulfilling the issuer's obligations to its investors for this specific debt instrument.