Bond Japan Municipal Finance Organization 0.487% ( JP351265ML48 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265ML48 ( in JPY )
Interest rate	0.487% per year ( payment 1 time a year)
Maturity	28/04/2045
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Minimal amount	10 000 000 JPY
Total amount	5 000 000 000 JPY
Next Coupon	28/04/2027 ( In 263 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. This financial market article provides an in-depth analysis of a specific fixed-income instrument, identified by its unique ISIN JP351265ML48, issued by the Japan Finance Organization for Municipalities (JFM). The Japan Finance Organization for Municipalities (JFM) is a specialized public financial institution established under Japanese law, whose primary mission is to provide stable and low-cost funding to local governments across Japan, supporting their essential public services and infrastructure development, thereby positioning it as a highly credible and quasi-sovereign entity within the Japanese financial landscape, often seen as benefiting from implicit government support. This particular bond, originating from Japan and denominated in Japanese Yen (JPY), carries a fixed annual coupon rate of 0.487%, with interest payments distributed once per year, aligning with a standard annual payment frequency. Classified as a long-term investment, the bond is scheduled to reach its full maturity on April 28, 2045. The total size of this specific issuance amounts to JPY 5,000,000,000, while the minimum investment required for purchase is set at JPY 10,000,000, primarily targeting institutional investors or sophisticated high-net-worth individuals. As of its most recent market quotation, the bond is trading precisely at 100% of its face value, indicating it is currently priced at par.