Bond Japan Municipal Finance Organization 0.574% ( JP351265AFK6 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265AFK6 ( in JPY )
Interest rate	0.574% per year ( payment 1 time a year)
Maturity	18/07/2025 - 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. An analysis of the matured bond market reveals the recent redemption of a debt instrument identified by ISIN JP351265AFK6, issued by the Japan Finance Organization for Municipalities (JFM), a crucial financial institution established under Japanese law dedicated to providing stable and low-cost funding to local governments across Japan, thereby underpinning public services and infrastructure development. This particular bond, denominated in Japanese Yen (JPY) and originating from Japan, concluded its lifecycle on its maturity date of July 18, 2025, having been fully repaid to investors at 100% of its principal value. With an annual payment frequency, the bond offered an interest rate of 0.574% on its total issue size of JPY 25,000,000,000, with a minimum purchase size of JPY 100,000,000, affirming its successful completion and repayment to its holders.