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