Bond Nippon 0% ( JP130037PC90 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP130037PC90 ( in JPY )
Interest rate	0%
Maturity	20/09/2042
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	50 000 JPY
Total amount	/
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 article provides a detailed financial overview of a specific Japanese sovereign bond, a debt instrument issued by the government of Japan. Japan, as the issuer, represents the world's third-largest economy and is renowned for its highly developed financial markets and stable political landscape. Japanese government bonds (JGBs) are widely considered among the safest global assets, often acting as a benchmark for risk-free rates and a destination for capital during periods of market uncertainty. The bond in question carries the ISIN code JP130037PC90 and is denominated in Japanese Yen (JPY). It is currently observed trading at 100% of its face value on the market. A key characteristic of this particular security is its 0% interest rate, classifying it as a zero-coupon bond. This means that instead of periodic interest payments, the bond is designed to be purchased at a discount to its face value, with investors typically realizing their return through capital appreciation upon redemption at par. However, its current market price at 100% indicates that an investor purchasing at this level and holding until maturity would effectively yield 0%, emphasizing capital preservation rather than income generation in JPY terms. The bond is set to mature on September 20, 2042, indicating a long-term investment horizon. Its payment frequency is noted as '1', which for a zero-coupon bond signifies a single principal repayment at the aforementioned maturity date. A minimum purchase size of JPY 50,000 is required for investors looking to acquire this instrument.