Bond Japan Municipal Finance Organization 0.08% ( JP351265AGF4 ) in JPY

Issuer Japan Municipal Finance Organization
Market price 100 %  ⇌ 
Country  Japan
ISIN code  JP351265AGF4 ( in JPY )
Interest rate 0.08% per year ( payment 1 time a year)
Maturity 24/03/2026 - Bond has expired



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Minimal amount 100 000 000 JPY
Total amount 20 000 000 000 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 notable fixed-income instrument, identified by ISIN JP351265AGF4, has emerged from the Japan Finance Organization for Municipalities (JFM), a crucial public corporation established under Japanese law with the primary mandate of providing stable, low-cost long-term financing to local governments throughout Japan, thereby facilitating vital municipal projects and infrastructure development across prefectures, cities, towns, and villages, its operations underpinning the financial resilience of the nation's sub-sovereign entities through the issuance of bonds and acting as a key intermediary in the country's public finance system, often benefiting from implicit government backing due to its public mission. This particular offering is a standard bond, denominated in Japanese Yen (JPY) and issued from Japan, currently trading at 100% of its par value in the market, indicating a stable valuation at present. It carries a low annual interest rate of 0.08%, a characteristic consistent with the prevailing low-yield environment in the Japanese fixed-income landscape. The total issuance size for this bond is significant, reaching 20,000,000,000 JPY, reflecting a substantial capital raise. Access to this offering is structured with a minimum purchase size of 100,000,000 JPY, positioning it primarily for institutional investors or high-net-worth individuals. The bond features a relatively short maturity date of March 24, 2026, and its interest payments are scheduled with an annual frequency of one per year, providing a consistent, albeit modest, income stream for its holders until its redemption.