Bond Japan Municipal Finance Organization 0.083% ( JP351265JL76 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265JL76 ( in JPY )
Interest rate	0.083% per year ( payment 1 time a year)
Maturity	27/07/2029
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Minimal amount	10 000 000 JPY
Total amount	6 000 000 000 JPY
Next Coupon	27/07/2027 ( In 353 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 analysis of the fixed-income market highlights a specific bond issuance by the Japan Finance Organization for Municipalities (JFM), a crucial entity within Japan's public finance landscape. The issuer, JFM, is a government-affiliated financial institution established under Japanese law, specifically the Japan Finance Organization for Municipalities Act, with the fundamental mission of providing stable, long-term, and low-cost financing to local public entities across Japan, including prefectures and municipalities. JFM plays a vital role in supporting essential public services and infrastructure projects at the local level, acting as a conduit for funds from the capital markets to Japanese regional administrations, and its debt obligations are generally perceived to carry high credit quality due to its unique status and public mission, often benefiting from implied government support. This particular bond, identified by ISIN code JP351265JL76, is denominated in Japanese Yen (JPY) and currently trades at par, reflecting a market price of 100% of its face value. It carries an annual interest rate of 0.083%, with interest payments made once a year. The total size of this specific issuance amounts to JPY 6,000,000,000, with a minimum purchase size set at JPY 10,000,000. The bond is set to mature on July 27, 2029, offering a medium-term investment horizon for participants in the Japanese fixed-income market, exemplifying the low-yield environment prevalent in the region while providing an opportunity to invest in an instrument linked to sovereign credit quality.