Bond Japan Municipal Finance Organization 0.39% ( JP351265CLG8 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265CLG8 ( in JPY )
Interest rate	0.39% per year ( payment 1 time a year)
Maturity	20/04/2040
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	7 500 000 000 JPY
Next Coupon	20/04/2027 ( In 255 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 crucial governmental financial institution in Japan responsible for providing long-term, stable funding to local governments across the nation, has issued a new bond. This entity plays a critical role in supporting public services and infrastructure development at the municipal level, thereby contributing to the fiscal stability and progress of Japan's local administrations. The newly issued bond, identifiable by ISIN JP351265CLG8, is denominated in Japanese Yen (JPY) and carries an annual interest rate of 0.39%. With a significant total issuance size of JPY 7,500,000,000, this instrument is set to mature on April 20, 2040, offering a long-term investment horizon. The bond is currently valued at 100% of its par value in the market, with interest payments scheduled to occur once per year. An important consideration for potential investors is the minimum purchase size, set at JPY 10,000,000, indicating its primary targeting towards institutional buyers or large-scale private investors seeking exposure to high-credit-quality Japanese public sector debt.