Bond Nippon 0% ( JP1748821L10 ) in JPY

Issuer Nippon
Market price 100 %  ⇌ 
Country  Japan
ISIN code  JP1748821L10 ( in JPY )
Interest rate 0%
Maturity 20/01/2021 - Bond has expired



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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.