Bond Tokyo 2.09% ( JP21300019A9 ) in JPY

Issuer	Tokyo
Market price	100 % ⇌
Country	Japan
ISIN code	JP21300019A9 ( in JPY )
Interest rate	2.09% per year ( payment 1 time a year)
Maturity	20/09/2029
Prospectus brochure in PDF format
Minimal amount	10 000 000 JPY
Total amount	30 000 000 000 JPY
Next Coupon	20/09/2026 ( In 42 days )
Detailed description	Tokyo, Japan's sprawling capital, is a vibrant metropolis blending ultramodern technology with ancient traditions, boasting iconic landmarks like the Imperial Palace and the bustling Shibuya crossing. A detailed examination of a prominent fixed-income instrument reveals a bond issued by the Tokyo Metropolitan Government, carrying the ISIN code JP21300019A9. This specific bond, denominated in Japanese Yen (JPY), is currently trading at par, reflecting a market price of 100% of its face value. It offers an annual coupon rate of 2.09%, with interest payments disbursed once per year, providing a consistent income stream to bondholders. The issuer, Tokyo, represents the Tokyo Metropolitan Government, a highly creditworthy sub-sovereign entity responsible for the administration and development of Japan's capital city, often issuing bonds to finance public services and infrastructure projects. The bond originates from Japan, underscoring its domestic regulatory framework. With a total issue size of JPY 30,000,000,000, this offering represents a significant capital raise, while the minimum purchase size is set at JPY 10,000,000, indicating a focus on institutional or larger individual investors. The instrument is set to mature on September 20, 2029, at which point the principal amount will be repaid to investors.