Bond Nippon 0% ( JP1803031002 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1803031002 ( in JPY )
Interest rate	0%
Maturity	20/03/2030
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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. Identified by ISIN JP1803031002, this financial instrument is a Japanese sovereign bond, representing a direct debt obligation of Japan, the world's third-largest economy and a highly-regarded sovereign issuer in global financial markets. Denominated in Japanese Yen (JPY) and issued domestically within Japan, the bond is currently trading at 100% of its face value. A distinctive feature is its 0% interest rate, classifying it as a zero-coupon bond, which means investors will not receive periodic coupon payments; instead, the return on investment is realized from the difference between its original discounted purchase price and its par value upon maturity. The bond is scheduled to mature on March 20, 2030, with its sole principal repayment occurring on this maturity date, consistent with the noted payment frequency of 1.