Bond Japan Municipal Finance Organization 1.805% ( JP351265CB67 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265CB67 ( in JPY )
Interest rate	1.805% per year ( payment 1 time a year)
Maturity	04/06/2027
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	3 000 000 000 JPY
Next Coupon	04/06/2027 ( In 300 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 detailed financial overview reveals key characteristics of a specific debt instrument, identified by its ISIN code JP351265CB67. This bond is issued by the Japan Finance Organisation for Municipalities (JFM), a pivotal governmental-affiliated entity in Japan established under dedicated legislation with the core mission of facilitating stable, long-term, and low-interest financing for local governments across the country. JFM's operations are instrumental in supporting public works, infrastructure development, and various local administrative initiatives throughout Japan, thereby playing a crucial role in the nation's fiscal stability at the sub-sovereign level. Originating from Japan, this particular bond is denominated in Japanese Yen (JPY) and is currently trading at 100% of its face value on the market, indicating a valuation at par. It features an annual interest rate of 1.805%, with coupon payments disbursed once per year. The total size of this specific issuance amounts to JPY 3,000,000,000, and it is available for purchase with a minimum lot size of JPY 10,000,000. The bond is set to reach its maturity on June 4, 2027, marking the date for principal repayment.