Bond Nippon 0% ( JP1748561K98 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1748561K98 ( in JPY )
Interest rate	0%
Maturity	10/03/2020 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	2 299 990 000 000 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 sovereign debt market reveals the specific characteristics of the bond identified by ISIN JP1748561K98, issued by Japan, a major global economic power with a long-standing reputation for financial stability and prudent fiscal management, whose domestic bond market serves as a cornerstone for government financing; this particular JPY-denominated fixed-income instrument, forming part of a significant issuance with a total size of 2,299,990,000,000 Yen and accessible to investors with a minimum purchase of 50,000 Yen, was notable for its 0% interest rate, indicating it was structured either as a zero-coupon bond or a non-interest-bearing obligation, and traded at par at 100% of its value prior to its scheduled maturity on March 10, 2020, on which date it was successfully redeemed and principal repaid to bondholders, thus concluding its lifecycle as a financial asset.