Bond Japan Municipal Finance Organization 0.003% ( JP351265CK90 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265CK90 ( in JPY )
Interest rate	0.003% per year ( payment 1 time a year)
Maturity	27/01/2025 - Bond has expired
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Minimal amount	10 000 000 JPY
Total amount	7 000 000 000 JPY
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 provides an informative overview of the recently matured fixed-income instrument issued by the Japan Finance Organization for Municipalities (JFM), identified by its ISIN JP351265CK90; the Japan Finance Organization for Municipalities (JFM) itself is a pivotal government-affiliated financial institution in Japan, established with the explicit mandate to ensure stable, long-term, and cost-effective funding for local governments across the nation, thereby facilitating critical public projects ranging from essential infrastructure development to vital welfare services, and indeed, as a public entity deeply integrated into the Japanese financial landscape, JFM's debt instruments, including this bond, are widely regarded as highly secure, reflecting the institution's robust backing and its significant role in municipal finance; this specific bond, issued from Japan and denominated in Japanese Yen (JPY), featured a nominal annual interest rate of 0.003% and represented a total issuance size of JPY 7,000,000,000, alongside a minimum purchase threshold set at JPY 10,000,000, with interest payments structured on an annual frequency; ultimately, the instrument reached its scheduled maturity date on January 27, 2025, at which point it was redeemed at 100% of its par value, successfully concluding its lifecycle as explicitly confirmed by the note: "This bond has matured and has been repaid," thereby confirming the full fulfillment of the issuer's obligations to its bondholders.