Bond Japan Municipal Finance Organization 0.155% ( JP351265AL42 ) in JPY
| Issuer | Japan Municipal Finance Organization |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265AL42 ( in JPY )
|
| Interest rate | 0.155% per year ( payment 1 time a year) |
| Maturity | 26/04/2030 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 10 000 000 JPY |
| Total amount | 30 000 000 000 JPY |
| Next Coupon | 26/04/2027 ( In 261 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 presents a detailed overview of the bond identified by ISIN JP351265AL42, issued by the Japan Finance Organisation for Municipalities (JFM), a specialized public financial institution established by Japanese law to provide stable and low-cost financing for local governments throughout Japan, thereby playing a vital role in supporting the nation's public services and infrastructure development; this particular JPY-denominated bond, currently trading at its par value of 100% on the market, features an annual interest rate of 0.155%, constitutes a total issue size of JPY 30,000,000,000, has a minimum subscription requirement of JPY 10,000,000, and is scheduled to reach maturity on April 26, 2030, with interest payments made once per year. |
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