Bond Japan Municipal Finance Organization 0.655% ( JP351265BJD1 ) in JPY

Issuer Japan Municipal Finance Organization
Market price refresh price now   100 %  ⇌ 
Country  Japan
ISIN code  JP351265BJD1 ( in JPY )
Interest rate 0.655% per year ( payment 1 time a year)
Maturity 26/01/2038



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Minimal amount 10 000 000 JPY
Total amount 17 500 000 000 JPY
Next Coupon 26/01/2027 ( In 171 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.

A new fixed-income opportunity has emerged from the Japanese market, specifically an offering by the Japan Finance Organization for Municipalities (JFM), a prominent governmental financial institution established under Japanese law with the primary responsibility of providing stable and low-cost long-term financing to local governments across Japan for public services and infrastructure projects, thereby supporting local autonomy and sustainable regional development, with its bonds often viewed as carrying a high credit quality reflecting the financial stability and backing associated with the Japanese government; this particular bond, identified by the ISIN JP351265BJD1, is a standard fixed-income instrument issued from Japan, denominated in Japanese Yen (JPY), carrying a fixed annual interest rate of 0.655% with interest payments scheduled annually, set to mature on January 26, 2038, and having a total issue size of JPY 17,500,000,000, with a minimum purchase size of JPY 10,000,000, and is currently trading at its par value with a market price of 100%.