Bond Japan Municipal Finance Organization 0.173% ( JP351265EG11 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265EG11 ( in JPY )
Interest rate	0.173% per year ( payment 1 time a year)
Maturity	29/01/2024 - Bond has expired
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Minimal amount	10 000 000 JPY
Total amount	50 000 000 000 JPY
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. The JPY-denominated bond, ISIN JP351265EG11, issued by the Japan Finance Organization for Municipalities (JFM), a prominent Japanese public entity responsible for providing stable long-term funding to local governments across Japan, has successfully reached its maturity date on January 29, 2024, and has since been fully redeemed at 100% of its principal value; this obligation, which featured an interest rate of 0.173% and an annual payment frequency, represented a total issuance size of JPY 50,000,000,000 with a minimum purchase increment of JPY 10,000,000.