Bond Japan Finance Organisation for Municipalities (JFM) 0.249% ( JP351265KJ77 ) in JPY
| Issuer | Japan Finance Organisation for Municipalities (JFM) |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265KJ77 ( in JPY )
|
| Interest rate | 0.249% per year ( payment 1 time a year) |
| Maturity | 26/07/2030 |
|
Prospectus brochure in PDF format |
|
| Minimal amount | 10 000 000 JPY |
| Total amount | 3 000 000 000 JPY |
| Next Coupon | 26/07/2027 ( In 351 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 informative analysis of the bond market reveals the availability of a specific debt instrument issued by the Japan Finance Organization for Municipalities (JFM), a key governmental financial institution established under Japanese law to provide stable, low-cost financing to local governments and public entities across Japan, thereby underpinning regional development with the implicit and explicit backing of the Japanese government. This particular bond, identified by ISIN JP351265KJ77 and denominated in Japanese Yen (JPY), is currently trading at par, reflecting a market price of 100%. It features a fixed annual interest rate of 0.249% with annual payment frequency, and is set to mature on July 26, 2030. The total size of this issuance amounts to JPY 3,000,000,000, with a minimum acquisition threshold of JPY 10,000,000, positioning it as an attractive option for investors seeking exposure to high-credit-quality Japanese sovereign-backed debt. |
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