Bond Japan Municipal Finance Organization 0.012% ( JP351265BM57 ) in JPY
| Issuer | Japan Municipal Finance Organization |
| Market price | 100 % ⇌ |
| Country | Japan
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| ISIN code |
JP351265BM57 ( in JPY )
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| Interest rate | 0.012% per year ( payment 1 time a year) |
| Maturity | 18/06/2026 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 10 000 000 JPY |
| Total amount | 10 000 000 000 JPY |
| 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 overview of a specific bond issuance identified by the ISIN code JP351265BM57, originating from Japan and issued by the Japan Finance Organisation for Municipalities (JFM). The Japan Finance Organisation for Municipalities (JFM) is a pivotal government-affiliated financial institution in Japan, established with the primary objective of providing stable, long-term, and low-cost financing to local public entities throughout the country. Its critical mandate involves supporting the financial sustainability and development of municipalities, thereby underpinning essential public services and infrastructure projects nationwide. Due to its public sector nature and inherent government backing, JFM's financial instruments are widely regarded for their exceptional credit quality and stability, reflecting the robust financial framework of the Japanese sovereign. This particular obligation, denominated in Japanese Yen (JPY), is currently trading at its par value, indicated by a market price of 100%. It features an annual coupon interest rate of 0.012%, with payments occurring once per year, aligning with the ultra-low yield environment prevalent in the Japanese fixed-income market. The bond is set to mature on June 18, 2026, offering a defined short-to-medium term investment horizon. The total size of this bond issuance amounts to a significant JPY 10,000,000,000, demonstrating its scale in supporting municipal funding needs. Furthermore, the minimum purchase size for this instrument is set at JPY 10,000,000, suggesting it is primarily tailored for institutional investors or sophisticated individual investors seeking high-grade, capital-preservation-focused exposure to the Japanese public finance sector. |
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