Bond Nippon 0% ( JP1748821L10 ) in JPY
Issuer | Nippon |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 20/01/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 50 000 JPY |
Total amount | 1 551 350 000 000 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 the Japanese bond market reveals the characteristics of ISIN JP1748821L10, an obligation issued by Japan, a globally recognized sovereign entity synonymous with a stable and developed economy. This particular bond, denominated in Japanese Yen (JPY) and issued within Japan, represented a zero-coupon instrument, evidenced by its 0% interest rate, meaning the investment primarily relied on repayment of the principal at maturity rather than periodic interest distributions. The offering encompassed a substantial total issuance size of JPY 1,551,350,000,000, with a minimum investment threshold set at JPY 50,000, allowing for broad participation. Originally trading at 100% of its face value, the bond reached its maturity date on January 20, 2021, and has since been fully repaid, effectively concluding its operational lifecycle within the financial landscape. |