Bond Japan Municipal Finance Organization 0.754% ( JP351265CL99 ) in JPY
| Issuer | Japan Municipal Finance Organization |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265CL99 ( in JPY )
|
| Interest rate | 0.754% per year ( payment 1 time a year) |
| Maturity | 28/09/2060 |
|
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 | 10 000 000 000 JPY |
| Next Coupon | 28/09/2026 ( In 51 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), a pivotal governmental financial institution dedicated to providing stable, low-cost financing to Japan's local governments, has issued a long-term JPY-denominated bond, identifiable by ISIN JP351265CL99, which currently trades at 100% of its face value and offers an annual interest rate of 0.754% with payments made once per year until its maturity on September 28, 2060, representing a total issuance volume of JPY 10,000,000,000, with a minimum investment threshold set at JPY 10,000,000. |
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