Bond Japan Municipal Finance Organization 0.217% ( JP351265JKA8 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265JKA8 ( in JPY )
Interest rate	0.217% per year ( payment 1 time a year)
Maturity	28/10/2036
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	28/10/2026 ( In 81 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. An overview of a specific bond issuance from the Japan Finance Organisation for Municipalities (JFM) reveals key financial details relevant to fixed-income investors. The Japan Finance Organisation for Municipalities (JFM) is a specialized governmental financial institution established under Japanese law, primarily responsible for providing stable, long-term, and low-interest funding to local governments across Japan. Its mandate involves supporting various public services and infrastructure projects at the municipal level, thereby playing a critical role in the country's public finance system and local economic development. As a public entity, JFM typically benefits from strong implicit or explicit government backing, which contributes to its high credit standing in the capital markets. The bond in question, identified by ISIN JP351265JKA8, is a standard fixed-income instrument denominated in Japanese Yen (JPY) and was issued in Japan. It carries a fixed interest rate of 0.217%, with interest payments scheduled annually. The current market price for this security stands at 100% of its par value. The total size of this particular issuance amounts to JPY 3,000,000,000, indicating a substantial offering in the domestic market. For potential investors, the minimum purchase size is set at JPY 10,000,000, catering to institutional or significant individual investments. This bond is structured with a maturity date of October 28, 2036, offering a long-term investment horizon within the Japanese fixed-income landscape.