Bond Nippon 0% ( JP1748631KA4 ) in JPY
Issuer | Nippon |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/01/2020 - Bond has expired |
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Minimal amount | 50 000 JPY |
Total amount | 4 329 970 000 000 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 sovereign debt market highlights the successful lifecycle completion of a significant bond issuance by Japan, ISIN JP1748631KA4, a prominent global economic power and highly reputable sovereign issuer known for its robust and liquid capital markets, which had issued this zero-coupon bond, characterized by its 0% interest rate and a single payment frequency, for a total of JPY 4,329,970,000,000 with a minimum purchase size of JPY 50,000, all denominated in Japanese Yen, and which, having reached its maturity on January 20, 2020, was subsequently redeemed at 100% of its par value, marking the full settlement of its obligations. |