Bond Japan Finance Organisation for Municipalities (JFM) 1.566% ( JP351265DE48 ) in JPY

Issuer	Japan Finance Organisation for Municipalities (JFM)
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265DE48 ( in JPY )
Interest rate	1.566% per year ( payment 1 time a year)
Maturity	28/04/2034
Prospectus brochure in PDF format
Minimal amount	10 000 000 JPY
Total amount	25 000 000 000 JPY
Next Coupon	28/04/2027 ( In 262 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. This financial analysis focuses on a specific bond issue, identified by its ISIN code JP351265DE48, which is an obligation issued by the Japan Finance Organization for Municipalities (JFM). Operating within Japan, JFM is a pivotal public financial institution established under Japanese law, primarily tasked with providing long-term, stable, and low-interest financing to local governments across the country. Its critical role involves supporting various public services and infrastructure projects at the municipal and prefectural levels, positioning its debt instruments as highly stable assets due to their strong implicit backing by the Japanese government and public sector mandate. This particular bond, denominated in Japanese Yen (JPY), carries a fixed interest rate of 1.566% and is currently trading at 100% of its par value on the market, indicating no premium or discount from its face value at this time. The total size of this bond issuance amounts to JPY 25,000,000,000, reflecting a substantial offering in the market. Investors interested in this instrument should note the minimum purchase size set at JPY 10,000,000. The bond is structured with a maturity date of April 28, 2034, providing a long-term investment horizon, and features an annual payment frequency for its interest distributions, ensuring regular income for bondholders.