Bond Japan Municipal Finance Organization 0.55% ( JP351265DKD5 ) in JPY

Issuer Japan Municipal Finance Organization
Market price refresh price now   100 %  ⇌ 
Country  Japan
ISIN code  JP351265DKD5 ( in JPY )
Interest rate 0.55% per year ( payment 1 time a year)
Maturity 25/01/2039



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Minimal amount 100 000 000 JPY
Total amount 10 000 000 000 JPY
Next Coupon 25/01/2027 ( In 170 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 informative financial overview details the JFM Bond, an obligation identified by ISIN JP351265DKD5, issued in Japan by the Japan Finance Organization for Municipalities (JFM), a public financial institution established under Japanese law with the crucial mandate to provide stable and efficient financing for local governments across Japan, thereby facilitating public services and infrastructure development; this Yen-denominated instrument, currently priced at 100% of its face value, offers an annual interest rate of 0.55%, originates from a total issuance size of JPY 10,000,000,000, requires a minimum purchase of JPY 100,000,000, and is scheduled to mature on January 25, 2039, with interest payments distributed once per year.