Bond Japan Municipal Finance Organization 1.786% ( JP351265QF75 ) in JPY
| Issuer | Japan Municipal Finance Organization |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265QF75 ( in JPY )
|
| Interest rate | 1.786% per year ( payment 1 time a year) |
| Maturity | 30/07/2055 |
|
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 | 10 000 000 000 JPY |
| Next Coupon | 30/07/2027 ( In 356 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 detailed financial article presents an in-depth examination of the JPY-denominated bond with ISIN code JP351265QF75, issued from Japan by the Japan Finance Organization for Municipalities (JFM), which is a crucial quasi-governmental financial institution specifically established to provide stable and cost-effective funding to the nation's local governments by aggregating their borrowing needs and accessing capital markets on their behalf; this particular bond, currently trading at 100% of its par value, features an annual interest rate of 1.786% with a yearly payment frequency, represents a total issue size of 10,000,000,000 JPY, requires a minimum acquisition amount of 10,000,000 JPY, and is scheduled to mature on July 30, 2055. |
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