Bond Tokyo 0.96% ( JP2130001C47 ) in JPY

Issuer	Tokyo
Market price	100 % ⇌
Country	Japan
ISIN code	JP2130001C47 ( in JPY )
Interest rate	0.96% per year ( payment 1 time a year)
Maturity	18/03/2022 - Bond has expired
Prospectus brochure in PDF format
Minimal amount	100 000 JPY
Total amount	50 000 000 000 JPY
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. The bond identified by ISIN JP2130001C47, issued by the Tokyo Metropolitan Government, officially reached its maturity on March 18, 2022, and has subsequently been fully redeemed. The issuer, Tokyo, represents the metropolitan government of Japan's capital city, a major sub-sovereign entity within Japan known for its significant economic power and stable fiscal management, making its debt instruments a key component in the Japanese public sector fixed-income market. This particular obligation, denominated in Japanese Yen (JPY), was part of a substantial issuance with a total size of JPY 50,000,000,000, designed with a minimum purchase size of JPY 100,000 for investors. Throughout its lifecycle, the bond carried an annual interest rate of 0.96%, with interest payments made once per year. Upon its maturity, the bond was trading at 100% of its par value, ensuring that all bondholders received their principal back as the obligation concluded its term. The successful and timely repayment confirms the issuer's adherence to its financial commitments for this specific debt instrument.