Bond Japan Municipal Finance Organization 0.715% ( JP351265AEJ1 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265AEJ1 ( in JPY )
Interest rate	0.715% per year ( payment 1 time a year)
Maturity	21/06/2024 - Bond has expired
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Minimal amount	100 000 000 JPY
Total amount	25 000 000 000 JPY
Detailed description	The Japan Finance Organisation for Municipalities (JFM) is a government-related financial institution that provides loans and other financial services to local governments in Japan for public works projects and other municipal initiatives. A JPY 25,000,000,000 bond (ISIN: JP351265AEJ1) issued by the Japan Finance Organization for Municipalities (JFM), a vital public entity responsible for providing stable long-term financing to local governments in Japan, successfully matured and was redeemed at its 100% par value on June 21, 2024, having previously offered an annual interest rate of 0.715% and been available for purchase with a minimum transaction size of JPY 100,000,000.