Bond Sumitomo Corp Obligations 0.39% ( JP340460ALA6 ) in JPY

Issuer Sumitomo Corp Obligations
Market price refresh price now   100 %  ▲ 
Country  Japan
ISIN code  JP340460ALA6 ( in JPY )
Interest rate 0.39% per year ( payment 1 time a year)
Maturity 15/10/2030



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Minimal amount /
Total amount 15 000 000 000 JPY
Next Coupon 15/10/2026 ( In 160 days )
Detailed description Sumitomo Corporation Bonds are debt securities issued by Sumitomo Corporation, a major Japanese trading company, offering investors a means to lend the company money in exchange for periodic interest payments and the eventual return of principal.

**Sumitomo Corporation Bond Profile: A Glimpse into Japanese Corporate Debt Market** An analysis of a specific fixed-income instrument, identified by its ISIN JP340460ALA6, provides insight into the Japanese corporate bond market and the capital-raising activities of one of the nation's premier conglomerates. This bond is issued by Sumitomo Corporation Bonds, a financial entity intrinsically linked to Sumitomo Corporation. Sumitomo Corporation stands as one of Japan's leading *sogo shosha* or general trading companies, boasting a globally diversified business portfolio that spans a vast array of sectors including metal products, transportation and construction systems, infrastructure, media and digital, living-related and real estate, mineral resources, energy, and chemicals. Its robust financial health and extensive global operations underpin the creditworthiness typically associated with its debt issuances. Originating from Japan, this particular bond is denominated in Japanese Yen (JPY) and currently trades at par on the market, reflecting a price of 100% of its principal value. The instrument offers investors a coupon rate of 0.39%, a figure indicative of the prevailing ultra-low interest rate environment in Japan and the strong credit profile often attributed to major *sogo shosha*. Interest payments are structured annually, with a frequency of 1. The total size of this issuance is substantial, reaching JPY 15,000,000,000, underscoring a significant capital raise by a prominent Japanese corporate entity. This bond is set to mature on October 15, 2030, positioning it as a medium-term investment opportunity within the Japanese debt landscape.