Bond Japan Finance Organisation for Municipalities (JFM) 1.519% ( JP351265LBA3 ) in JPY
| Issuer | Japan Finance Organisation for Municipalities (JFM) |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265LBA3 ( in JPY )
|
| Interest rate | 1.519% per year ( payment 1 time a year) |
| Maturity | 20/10/2026 |
|
Prospectus brochure in PDF format |
|
| Minimal amount | 10 000 000 JPY |
| Total amount | 3 500 000 000 JPY |
| Next Coupon | 20/10/2026 ( In 72 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. A significant debt instrument has been issued by the Japan Finance Organisation for Municipalities (JFM), identified by its ISIN code JP351265LBA3. The Japan Finance Organisation for Municipalities (JFM) is a crucial public financial institution in Japan, established under specific national law to provide stable and cost-effective funding to local governments across the country. Its primary objective is to support the financing of essential public services, infrastructure projects, and regional development initiatives undertaken by municipalities, thereby bolstering local autonomy and ensuring the continuous provision of public goods. Given its integral role in the Japanese public finance ecosystem and its public mandate, JFM bonds are generally perceived as highly secure investment vehicles, often benefiting from a strong credit profile typically associated with implicit government backing. This particular bond, denominated in Japanese Yen (JPY), features an annual coupon interest rate of 1.519% and is scheduled to mature on October 20, 2026, providing a clear repayment timeline for investors. The current market price for this obligation stands at 100% of its face value, indicating it is trading at par. The total size of this bond issuance amounts to JPY 3,500,000,000, representing a substantial capital raise. For prospective investors, the minimum purchase size is set at JPY 10,000,000, suggesting an investment target audience comprising institutional or sophisticated individual investors. Interest payments for this bond are structured to occur annually, offering a consistent income stream. This issuance from Japan underscores JFM's continued commitment to supporting the financial health and developmental objectives of Japan's municipal sector, presenting a structured opportunity for fixed-income investors seeking exposure to high-quality Japanese public sector debt. |
Français
Italiano
Japan