Bond Nippon 0% ( JP1748941L31 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1748941L31 ( in JPY )
Interest rate	0%
Maturity	15/06/2020 - Bond has expired
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Minimal amount	50 000 JPY
Total amount	4 740 290 000 000 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. This financial article details the specifics of a fully matured Japanese government bond, ISIN JP1748941L31, issued by Japan?a global economic powerhouse known for its advanced industrial capabilities, technological innovation, and stable financial system, which collectively reinforce its robust standing as a sovereign borrower?a bond denominated in Japanese Yen (JPY) that constituted a substantial JPY 4,740,290,000,000 of total issuance, notably carried a 0% interest rate, indicating its nature as a zero-coupon or non-interest-bearing instrument, had a minimum purchase size of JPY 50,000, and critically, reached its maturity on June 15, 2020, at which point it was repaid at 100% of its face value, thereby completing its lifecycle as a redeemed government obligation despite its listed payment frequency of '1' being irrelevant given the absence of coupon payments.