Bond Japan Municipal Finance Organization 0.645% ( JP351265CH12 ) in JPY

Issuer Japan Municipal Finance Organization
Market price refresh price now   100 %  ⇌ 
Country  Japan
ISIN code  JP351265CH12 ( in JPY )
Interest rate 0.645% per year ( payment 1 time a year)
Maturity 28/01/2037



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Minimal amount 10 000 000 JPY
Total amount 15 000 000 000 JPY
Next Coupon 28/01/2027 ( In 173 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.

The Japan Finance Organization for Municipalities (JFM) has introduced a new bond offering, identified by ISIN JP351265CH12, originating from Japan. JFM is a cornerstone public financial institution in Japan, established by law with the critical mission of providing stable and cost-efficient long-term financing to local governments throughout the country, thereby enabling the funding of essential public services, infrastructure development, and regional revitalization efforts across the Japanese archipelago. This particular bond issue is denominated in Japanese Yen (JPY), carrying an annual interest rate of 0.645% and reaching maturity on January 28, 2037. The total size of this issuance is JPY 15,000,000,000, with a minimum purchase amount set at JPY 10,000,000, and it is currently observed to be trading at 100% of its face value in the market, featuring annual interest payment frequency.