Bond Japan Municipal Finance Organization 0.75% ( JP351265BJN0 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265BJN0 ( in JPY )
Interest rate	0.75% per year ( payment 1 time a year)
Maturity	19/10/2038
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 000 JPY
Total amount	10 000 000 000 JPY
Next Coupon	19/10/2026 ( In 72 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 significant fixed-income instrument currently drawing market attention is a bond issued by the Japan Finance Organization for Municipalities (JFM), identified by ISIN code JP351265BJN0. The Japan Finance Organization for Municipalities serves as a crucial governmental financial institution established under Japanese law, primarily responsible for providing long-term funding to local governments across Japan, thus playing a vital role in supporting public finance and infrastructure development within the country and often considered a quasi-sovereign entity due to its integral function and close ties to the Japanese government. This particular bond, denominated in Japanese Yen (JPY), features a coupon rate of 0.75%, with interest payments scheduled annually, corresponding to a payment frequency of 1. Its current market price stands at 100% of its par value, indicating it is trading at par. The total size of this bond issuance amounts to JPY 10,000,000,000, with a minimum purchase size set at JPY 100,000,000, suggesting an offering primarily aimed at institutional investors. The bond carries a maturity date of October 19, 2038, providing a long-term investment horizon.