Bond Nippon 0% ( JP1805791009 ) in JPY

Issuer	Nippon
Market price	100 % ⇌
Country	Japan
ISIN code	JP1805791009 ( in JPY )
Interest rate	0%
Maturity	20/09/2057
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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. A long-dated sovereign bond, identified by ISIN JP1805791009, has been issued by Japan, a highly rated and economically stable nation with a substantial global presence in financial markets and a consistent issuer of government debt. This Japanese Yen (JPY)-denominated security, issued in Japan, is currently observed trading at 100% of its face value in the market. A notable characteristic of this instrument is its zero interest rate (0%), classifying it as a zero-coupon bond where the investor's return is realized through the difference between the purchase price and the bond's par value at maturity. With a maturity date set for September 20, 2057, and a payment frequency of one (implying a single principal repayment at maturity given the zero coupon), this bond offers investors exposure to a very long-term Japanese sovereign debt instrument.