Bond Japan Municipal Finance Organization 0.58% ( JP351265DJH8 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265DJH8 ( in JPY )
Interest rate	0.58% per year ( payment 1 time a year)
Maturity	21/05/2038
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	100 000 000 JPY
Total amount	20 000 000 000 JPY
Next Coupon	21/05/2027 ( In 286 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 recent offering in the Japanese fixed-income market spotlights an obligation, or debt security, issued by the Japan Finance Organization for Municipalities (JFM), identified by ISIN JP351265DJH8. The Japan Finance Organization for Municipalities (JFM) is a crucial financial institution established under Japanese law, primarily responsible for providing long-term, low-interest funds to local governments across Japan. Its mandate involves supporting public finance at the municipal level, facilitating investments in essential public services and infrastructure projects nationwide. As a quasi-governmental entity, JFM plays a pivotal role in ensuring the financial stability and operational capacity of Japan's diverse municipalities, thereby contributing significantly to national development and welfare; its financial standing is inherently linked to the creditworthiness of the Japanese government, making its issuances generally regarded as highly secure within the domestic market. This particular bond, originating from Japan, is denominated in Japanese Yen (JPY) and features an annual interest rate of 0.58%, offering a yield to investors over its term. With a maturity date set for May 21, 2038, it represents a long-term investment instrument within the fixed-income landscape. The total issuance volume for this bond stands at JPY 20,000,000,000, indicating a substantial offering in the market, while investors seeking to participate in this issuance are subject to a minimum purchase size of JPY 100,000,000, suggesting its targeting of institutional investors or high-net-worth individuals. Interest payments are structured annually, with a frequency of one payment per year. Currently, the bond is trading at 100% of its face value on the market, signifying that it is trading at par, which implies its coupon rate is aligned with the prevailing market interest rates for comparable risk and maturity profiles at the time of valuation, or that stable demand is holding its value at its nominal price. This JFM bond thus offers a clear example of a stable, long-term fixed-income opportunity within the Japanese financial landscape, backed by an institution central to the nation's municipal financing infrastructure.