Bond Commonweal Bank 0% ( XS0304970154 ) in JPY

Issuer	Commonweal Bank
Market price	100 % ⇌
Country	Australia
ISIN code	XS0304970154 ( in JPY )
Interest rate	0%
Maturity	27/06/2037
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Minimal amount	100 000 000 JPY
Total amount	1 000 000 000 JPY
Detailed description	Commonwealth Bank (CBA) is Australia's largest bank by assets, offering a wide range of financial services including retail banking, business banking, wealth management, and institutional banking. A notable fixed-income instrument, identified by ISIN XS0304970154, is currently available on the market, issued by the Commonwealth Bank of Australia. Commonwealth Bank, commonly known as CommBank, stands as a leading financial institution and one of Australia's largest banks by market capitalization, providing comprehensive banking, wealth management, and insurance services globally since its establishment in Sydney in 1911. This particular bond, originating from Australia and denominated in Japanese Yen (JPY), carries a distinctive 0% interest rate and is set to mature on June 27, 2037. Despite a listed payment frequency of 1, which typically indicates annual terms, its zero-coupon characteristic implies no periodic interest distributions; any potential investment return would traditionally derive from a discount to its face value, although it is presently quoted at 100% of its par value on the market. The total issuance volume for this bond stands at JPY 1,000,000,000, with a substantial minimum purchase threshold of JPY 100,000,000. This structure positions the bond for larger institutional or sophisticated investors seeking exposure to debt instruments from a top-tier Australian issuer.