Bond Tokyo 0.04% ( JP2130001K96 ) in JPY

Issuer	Tokyo
Market price	100 % ⇌
Country	Japan
ISIN code	JP2130001K96 ( in JPY )
Interest rate	0.04% per year ( payment 1 time a year)
Maturity	20/06/2029
Prospectus brochure in PDF format
Minimal amount	100 000 JPY
Total amount	45 000 000 000 JPY
Next Coupon	20/06/2027 ( In 315 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 analysis of the JP2130001K96 bond reveals key characteristics pertinent to fixed-income investors, issued by Tokyo, the capital and largest metropolis of Japan. Tokyo, renowned globally as a major financial center and an economic powerhouse, issues this bond as a municipal entity, whose financial instruments are generally perceived as low-risk investments due to the region's robust economic foundation and stable governance. This specific bond, identified by ISIN code JP2130001K96, was issued within Japan and is denominated in Japanese Yen (JPY), reinforcing its domestic market relevance. It carries an annual interest rate, or coupon, of 0.04%, reflecting the prevailing low-yield environment characteristic of the Japanese market, and is scheduled to mature on June 20, 2029. Currently trading at 100% of its par value, the bond's total issuance size amounts to a substantial 45,000,000,000 JPY. Investors looking to acquire this instrument must adhere to a minimum purchase size of 100,000 JPY, with interest payments structured to occur annually.