Bond Japan Municipal Finance Organization 0.493% ( JP351265BGP1 ) in JPY
| Issuer | Japan Municipal Finance Organization |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265BGP1 ( in JPY )
|
| Interest rate | 0.493% per year ( payment 1 time a year) |
| Maturity | 25/11/2036 |
|
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 | 6 500 000 000 JPY |
| Next Coupon | 25/11/2026 ( In 109 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 analysis presents a detailed profile of a Japanese Yen-denominated bond, identified by ISIN JP351265BGP1, issued by the Japan Finance Organization for Municipalities (JFM). The Japan Finance Organization for Municipalities is a highly significant governmental financial institution established under Japanese law with the express purpose of providing stable, low-cost financing to local governments throughout Japan. Its core mission involves supporting a vast array of public services and critical infrastructure projects at the municipal level, thereby playing an indispensable role in fostering regional economic stability and enhancing social welfare across the entire nation. Due to its public mandate and inherent implicit support from the Japanese government, JFM's debt issuances are consistently perceived by the market as carrying a very strong credit quality. This particular bond, originating from Japan, is currently trading at 100% of its par value in the market, indicating that its coupon rate is aligned with prevailing market yields for comparable instruments. Denominated in Japanese Yen (JPY), the bond offers a fixed annual interest rate of 0.493%, reflecting Japan's current low-yield interest rate environment and JFM's robust credit standing. The total size of this specific issuance amounts to JPY 6,500,000,000, representing a substantial offering in the Japanese debt market. For investors considering participation, the minimum purchase size is stipulated at JPY 10,000,000. This long-term debt instrument has a defined maturity date of November 25, 2036, providing investors with a significant duration, and interest payments are scheduled to occur annually. |
Français
Italiano
Japan