Bond Japan Municipal Finance Organization 1.05% ( JP351265QD44 ) in JPY

Issuer	Japan Municipal Finance Organization
Market price	100 % ⇌
Country	Japan
ISIN code	JP351265QD44 ( in JPY )
Interest rate	1.05% per year ( payment 1 time a year)
Maturity	28/04/2028
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	10 000 000 JPY
Total amount	3 000 000 000 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. A detailed examination of the bond market reveals an offering from the Japan Finance Organisation for Municipalities (JFM), a key public financial institution established under Japanese law. JFM serves as a crucial entity dedicated to providing stable and low-cost financing to local governments across Japan, supporting a wide array of public works and services essential for regional development and stability, a role that underpins its strong credit standing due to its quasi-sovereign nature and public mandate. Specifically, the bond under consideration, identified by ISIN JP351265QD44, is a Japanese Yen-denominated obligation with an annual interest rate of 1.05%. This bond, with a total issuance size of JPY 3,000,000,000, is currently quoted at 100% of its par value on the market, signifying it is trading at its face value. Interest payments are structured with an annual frequency, and the instrument has a defined maturity date of April 28, 2028. For potential investors, the minimum acquisition size for this bond is set at JPY 10,000,000.