Bond Nippon 0% ( JP18040C1005 ) in JPY
Issuer | Nippon |
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ISIN code |
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Interest rate | 0% |
Maturity | 20/12/2040 |
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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. An examination of the sovereign debt market reveals the Japanese government bond, ISIN JP18040C1005, a zero-coupon instrument issued by Japan, a leading global economy and an established sovereign issuer known for its stable financial policies. This bond, denominated in Japanese Yen (JPY) and currently priced at 100% of its face value on the market, is structured with a 0% interest rate and a maturity date of December 20, 2040, where its singular payment, representing the principal, will occur. |