Bond Japan Finance Organisation for Municipalities (JFM) 0.299% ( JP351265BJM2 ) in JPY

Issuer	Japan Finance Organisation for Municipalities (JFM)
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265BJM2 ( in JPY )
Interest rate	0.299% per year ( payment 1 time a year)
Maturity	21/09/2028
Prospectus brochure in PDF format
Minimal amount	10 000 000 JPY
Total amount	4 500 000 000 JPY
Next Coupon	21/09/2026 ( In 43 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 noteworthy fixed-income instrument issued by the Japan Finance Organization for Municipalities (JFM) has been identified under the ISIN code JP351265BJM2, originating from Japan. The Japan Finance Organization for Municipalities (JFM) is a prominent public financial institution in Japan, established with the critical mandate of providing stable, long-term, and low-cost financing to local governments throughout the nation. Its operations are integral to the funding of various public infrastructure projects and essential services at the municipal level, playing a significant role in fostering the economic and social resilience of Japanese communities. Due to its public mission and inherent linkages with the Japanese government, JFM's debt issuances are generally perceived as highly secure assets within the global fixed-income market. This specific bond, denominated in Japanese Yen (JPY), features an annual coupon rate of 0.299% and is currently observed trading at its par value, indicated by a market price of 100%. The total issue size for this offering is JPY 4,500,000,000, with a minimum investment threshold of JPY 10,000,000 for potential buyers. The bond is structured to provide annual interest payments, aligning with its payment frequency of 1, and is set to mature on September 21, 2028.