Bond Nippon 0% ( JP1805631007 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1805631007 ( in JPY )
Interest rate	0%
Maturity	20/03/2056
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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 analysis of the bond market reveals a specific sovereign debt instrument, identified by ISIN JP18055631007, issued by Japan, a major global economy and a sovereign entity with a long track record of managing its national finances, with the bond itself having been issued in Japan and currently trading at par (100%) in Japanese Yen (JPY); this particular obligation carries a 0% interest rate, indicating it is a zero-coupon bond, with its principal payment due at maturity on March 20, 2056, thereby representing a single cash flow event for the investor upon its long-dated redemption.