Bond Tokyo 0.16% ( JP2130001M45 ) in JPY

Issuer	Tokyo
Market price	100 % ⇌
Country	Japan
ISIN code	JP2130001M45 ( in JPY )
Interest rate	0.16% per year ( payment 1 time a year)
Maturity	20/03/2031
Prospectus brochure in PDF format
Minimal amount	100 000 JPY
Total amount	40 000 000 000 JPY
Next Coupon	20/03/2027 ( In 223 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. Attention is currently directed towards a bond issuance by the City of Tokyo, identified by the ISIN code JP2130001M45. As the vibrant capital and largest metropolitan area of Japan, Tokyo functions as a pivotal global economic powerhouse, boasting a robust and diversified economy that serves as a cornerstone of one of the world's leading financial markets. Its exceptional status as the administrative and financial hub of Japan typically confers a high degree of creditworthiness upon its debt instruments, rendering them attractive to investors seeking stability and reliability. This particular bond, denominated in Japanese Yen (JPY) and issued within Japan, features an annual coupon rate of 0.16% and is set to mature on March 20, 2031, providing a medium-term investment horizon. The total issuance volume for this instrument stands at a significant JPY 40,000,000,000, ensuring ample liquidity in the market. Presently trading at 100% of its nominal value on the market, indicating its par valuation, this bond is accessible with a minimum tranche available for acquisition of JPY 100,000. Coupon payments are scheduled on an annual frequency.