Bond Japan Municipal Finance Organization 2.16% ( JP351265DB25 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265DB25 ( in JPY )
Interest rate	2.16% per year ( payment 1 time a year)
Maturity	03/02/2033
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	3 000 000 000 JPY
Next Coupon	03/02/2027 ( In 179 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 financial entity in Japan established to provide stable and cost-efficient funding to local governments for their public services and infrastructure development, has issued a notable debt instrument identified by the ISIN JP351265DB25. This JPY-denominated bond, originating from Japan, is currently quoted at 100% of its par value in the market, signifying its trading at face value. It offers an attractive annual interest rate of 2.16%, with interest payments scheduled to occur once per year. The total volume of this particular issuance stands at 3,000,000,000 JPY, reflecting a significant capital raise by JFM to support its mission of bolstering municipal finances across the nation. Investors interested in this offering should note the minimum acquisition size set at 10,000,000 JPY, indicating its suitability for larger institutional or professional portfolios. The bond is set to reach its maturity on February 3, 2033, at which point the principal amount will be repaid to bondholders.