Bond Japan Municipal Finance Organization 0.07% ( JP351265AKC3 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265AKC3 ( in JPY )
Interest rate	0.07% per year ( payment 1 time a year)
Maturity	14/12/2029
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Minimal amount	100 000 JPY
Total amount	20 000 000 000 JPY
Next Coupon	14/12/2026 ( In 128 days )
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. This financial article details a Japanese Yen-denominated bond, ISIN JP351265AKC3, issued by the Japan Finance Organization for Municipalities (JFM). JFM is a crucial public financial institution in Japan, primarily responsible for providing stable, low-cost, long-term financing to local governments for public works, infrastructure, and other essential projects, thereby contributing to sound local public finance and the sustainable development of communities across the nation; as a governmental financial institution, its debt instruments are generally regarded for their high credit quality due to implicit government backing. This bond is currently trading at its par value of 100% in the market, denominated in JPY, and carries a fixed annual interest rate of 0.07%, with interest payments made once per year. The total size of this issuance is JPY 20,000,000,000, with a minimum purchase threshold set at JPY 100,000, and its maturity date is December 14, 2029.