Bond Japan Municipal Finance Organization 0.015% ( JP351265KK74 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265KK74 ( in JPY )
Interest rate	0.015% per year ( payment 1 time a year)
Maturity	22/07/2026 - Bond has expired
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Minimal amount	10 000 000 JPY
Total amount	3 000 000 000 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 market overview presents an obligation, identified by ISIN JP351265KK74, issued from Japan by the Japan Finance Organisation for Municipalities (JFM), a crucial public body established under Japanese law to secure stable, low-cost financing for the nation's local governments and their essential public projects, with this bond currently valued at 100% of its par in Japanese Yen (JPY), offering a 0.015 annual interest rate paid once per year, and holding a maturity date of July 22, 2026, as part of a JPY 3,000,000,000 total issuance with a minimum purchase amount of JPY 10,000,000.