Bond Japan Municipal Finance Organization 0.47% ( JP351265CMD3 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265CMD3 ( in JPY )
Interest rate	0.47% per year ( payment 1 time a year)
Maturity	22/01/2041
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Minimal amount	10 000 000 JPY
Total amount	20 000 000 000 JPY
Next Coupon	22/01/2027 ( In 167 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. A detailed analysis of a specific fixed-income instrument from the Japan Finance Organization for Municipalities (JFM) reveals key characteristics for potential investors. Identified by ISIN code JP351265CMD3, this bond is issued in Japan and denominated in Japanese Yen (JPY). The issuer, Japan Finance Organization for Municipalities (JFM), is a public financial institution established under Japanese law with the primary mission of providing stable and cost-effective financing to local governments across Japan for their various public works and development projects; as a government-backed entity, JFM's issuances are typically viewed as high-credit quality, contributing to the stability of the Japanese municipal finance landscape. This particular bond carries an annual interest rate of 0.47% and features a long-term maturity profile, set to expire on January 22, 2041, with coupon payments occurring annually. The total aggregate size of this issuance stands at JPY 20,000,000,000, indicating a substantial offering for the market, and it is currently trading at its par value, with a market price of 100%. Investors considering this instrument should note the minimum purchase increment, which is set at JPY 10,000,000.