Bond Japan Municipal Finance Organization 0.003% ( JP351265FKA6 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265FKA6 ( in JPY )
Interest rate	0.003% per year ( payment 1 time a year)
Maturity	25/03/2025 - Bond has expired
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Minimal amount	10 000 000 JPY
Total amount	20 000 000 000 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. This financial analysis details the recently matured bond with ISIN JP351265FKA6, issued by the Japan Finance Organization for Municipalities (JFM), a pivotal public financial institution established under Japanese law, which plays a crucial role in providing stable and cost-effective funding to local governments and public entities throughout Japan, thereby underpinning critical regional development, infrastructure, and public service initiatives across the nation. This particular JPY-denominated bond, originating from Japan, featured a low annual interest rate of 0.003% and represented a total issuance volume of JPY 20,000,000,000, with a minimum subscription set at JPY 10,000,000, and having reached its maturity date on March 25, 2025, with an annual coupon payment frequency, this debt instrument has successfully been fully repaid to bondholders at its par value of 100%, concluding its term.