Bond Japan Municipal Finance Organization 0.22% ( JP351265CKM8 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265CKM8 ( in JPY )
Interest rate	0.22% per year ( payment 1 time a year)
Maturity	20/09/2039
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Minimal amount	10 000 000 JPY
Total amount	7 000 000 000 JPY
Next Coupon	20/09/2026 ( In 43 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. An in-depth analysis of a specific financial instrument reveals an obligation (bond) issued by the Japan Finance Organization for Municipalities (JFM), uniquely identified by the ISIN code JP351265CKM8. This bond, originating from Japan and denominated in Japanese Yen (JPY), is currently trading at par, maintaining a market price of 100%. It offers an annual interest rate of 0.22%, reflecting the prevailing low-yield environment characteristic of the Japanese financial landscape. The total size of this particular issuance is substantial, amounting to JPY 7,000,000,000, with a minimum purchase requirement set at JPY 10,000,000 for prospective investors. Structured as a long-term investment, the bond is slated to mature on September 20, 2039, and provides predictable income streams through annual interest payments. The issuer, Japan Finance Organization for Municipalities (JFM), is a pivotal quasi-governmental institution within Japan's public finance framework, specifically established to furnish stable and cost-effective financing solutions to local governments across the nation. JFM's critical mandate involves supporting essential public services and crucial infrastructure projects at the municipal level, thereby contributing significantly to the fiscal stability and overall socio-economic well-being of Japan. As an entity with strong ties and implied backing from the Japanese government, its debt issuances are typically perceived as having high creditworthiness, offering a secure investment avenue for those seeking exposure to the Japanese debt market.