Bond Japan Municipal Finance Organization 0.05% ( JP351265GKA4 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265GKA4 ( in JPY )
Interest rate	0.05% per year ( payment 1 time a year)
Maturity	27/05/2030
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	3 000 000 000 JPY
Next Coupon	27/05/2027 ( In 292 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 financial article details a specific bond offering, identified by ISIN JP351265GKA4, issued by the Japan Finance Organization for Municipalities (JFM), a crucial governmental financial institution in Japan established under the Japan Finance Organization for Municipalities Law with the primary mission of providing stable and low-cost financing to local governments throughout the country for essential public services and infrastructure development, thereby playing a vital role in the nation's public finance and regional development, making its obligations generally perceived as highly secure due to their governmental backing and public policy mandate. This particular bond, issued from Japan, currently trades at its par value of 100% in the market, is denominated in Japanese Yen (JPY), and offers an annual interest rate of 0.05%, reflecting the prevailing low-yield environment for highly rated sovereign-backed instruments. The total issuance size for this offering stands at JPY 3,000,000,000, with a minimum purchase size set at JPY 10,000,000, targeting institutional investors or high-net-worth individuals, and features a maturity date of May 27, 2030, with interest payments scheduled annually.