Bond Japan Municipal Finance Organization 1.438% ( JP351265CCB8 ) in JPY

Issuer Japan Municipal Finance Organization
Market price refresh price now   100 %  ⇌ 
Country  Japan
ISIN code  JP351265CCB8 ( in JPY )
Interest rate 1.438% per year ( payment 1 time a year)
Maturity 01/11/2028



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Minimal amount 10 000 000 JPY
Total amount 5 000 000 000 JPY
Next Coupon 01/11/2026 ( In 85 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.

This financial article details the specifics of a bond, ISIN JP351265CCB8, issued by the Japan Finance Organization for Municipalities (JFM), a key public financial institution established in Japan with the mandate to provide stable, low-cost financing for local governments' public works and projects, thereby bolstering municipal finances nationwide, which bond, denominated in JPY and originating from Japan, currently trades at 100% of its market value, offering an annual interest rate of 1.438% with a yearly payment frequency until its maturity on November 1, 2028, and represents a total issuance size of JPY 5,000,000,000, available for a minimum purchase of JPY 10,000,000.