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ItalianoBond Mie Prefecture Bonds 0.554% ( JP2240001NC1 ) in JPY
| Issuer | Mie Prefecture Bonds | ||||
| Market price |  100 % ▲ |
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| Country |  Japan
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| ISIN code |
 JP2240001NC1 ( in JPY )
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| Interest rate | 0.554% per year ( payment 1 time a year) | ||||
| Maturity | 12/24/2032 | ||||
| Minimal amount | / | ||||
| Total amount | 10 000 000 000 JPY | ||||
| Next Coupon | 12/24/2026 ( In 60 days ) | ||||
| Detailed description |
Mie Prefecture bonds are municipal bonds issued by the Mie Prefecture government in Japan to finance public works projects and other governmental expenditures. A notable fixed-income instrument under current market observation is the bond identified by ISIN JP2240001NC1. This obligation originates from Mie Prefecture Bonds, an issuer representing a sub-national governmental entity within Japan. Mie Prefecture, situated in the Kansai region of Honshu, typically utilizes such bond issuances to finance a range of local public works, infrastructure projects, and essential services that benefit its constituents. As a prefectural bond, its creditworthiness is tied to the fiscal health and economic stability of the prefecture, distinguishing it from central government bonds while still operating within the broader Japanese governmental financial framework. Denominated in Japanese Yen (JPY), this specific bond currently trades at a market price of 100%, indicating it is at par. It features an annual interest rate, or coupon, of 0.554% and represents a total issue size of JPY 10,000,000,000. Interest payments are scheduled with an annual frequency, with the bond reaching its maturity on December 24, 2032. |
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