Bond Japan Municipal Finance Organization 0.47% ( JP351265DLK8 ) in JPY

Issuer Japan Municipal Finance Organization
Market price refresh price now   100 %  ⇌ 
Country  Japan
ISIN code  JP351265DLK8 ( in JPY )
Interest rate 0.47% per year ( payment 1 time a year)
Maturity 20/07/2040



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Minimal amount 100 000 000 JPY
Total amount 10 000 000 000 JPY
Next Coupon 20/07/2027 ( In 346 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 newly analyzed financial instrument consists of a bond (ISIN: JP351265DLK8) issued by the Japan Finance Organization for Municipalities (JFM), a specialized public financial institution established under Japanese law to provide stable, long-term financing to local governments and public entities within Japan, thereby supporting the development and sound management of local public services across the nation; this particular Japanese-issued bond, denominated in JPY and with a total issue size of JPY 10,000,000,000, carries an interest rate of 0.47% and a maturity date of July 20, 2040, currently trades at 100% of its face value, and is available for purchase in minimum lots of JPY 100,000,000, with interest payments made annually.