Bond Japan Municipal Finance Organization 1.487% ( JP351265CE72 ) in JPY

Issuer Japan Municipal Finance Organization
Market price refresh price now   100 %  ⇌ 
Country  Japan
ISIN code  JP351265CE72 ( in JPY )
Interest rate 1.487% per year ( payment 1 time a year)
Maturity 28/07/2034



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Minimal amount 10 000 000 JPY
Total amount 20 000 000 000 JPY
Next Coupon 28/07/2027 ( In 354 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 instrument, an obligation (bond) identified by ISIN JP351265CE72, originates from the Japan Finance Organisation for Municipalities (JFM), a key governmental financial institution established under Japanese law and exclusively dedicated to providing long-term, stable funding to local public entities across Japan for their essential public works and infrastructure projects, thereby significantly contributing to the nation's regional development and boasting a robust credit profile; this specific bond, denominated in Japanese Yen (JPY), has a total issuance size of JPY 20,000,000,000, is currently quoted at 100% of its par value on the market, offers a fixed annual interest rate of 1.487%, is set to mature on July 28, 2034, and can be acquired in minimum lot sizes of JPY 10,000,000.