Bond Japan Municipal Finance Organization 0.446% ( JP351265DKA1 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265DKA1 ( in JPY )
Interest rate	0.446% per year ( payment 1 time a year)
Maturity	28/10/2049
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	15 000 000 000 JPY
Next Coupon	28/10/2026 ( In 81 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 long-term Japanese Yen-denominated bond, identified by ISIN JP351265DKA1, is currently trading on the market at 100% of its par value, featuring a coupon rate of 0.446%. This debt instrument carries a maturity date of October 28, 2049, with interest payments distributed annually. The total issuance size of this bond is JPY 15,000,000,000, though the minimum purchase size for investors is set at JPY 10,000,000. The issuer is the Japan Finance Organization for Municipalities (JFM), a prominent financial institution established under Japanese law, operating as a critical conduit for financing local governments across Japan. Based in Japan, JFM's core mission involves providing long-term funding for a wide array of public projects and services at the municipal level, thereby playing an essential role in supporting the nation's local administration and infrastructure development, which often entails a strong credit profile owing to its quasi-governmental nature and strategic importance to the country's public finance system.