Bond Japan Municipal Finance Organization 1.058% ( JP351265YF42 ) in JPY
| Issuer | Japan Municipal Finance Organization |
| Market price | |
| Country | Japan
|
| ISIN code |
JP351265YF42 ( in JPY )
|
| Interest rate | 1.058% per year ( payment 1 time a year) |
| Maturity | 26/05/2034 |
|
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 | 26/05/2027 ( In 291 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 analysis focuses on a recently detailed bond issuance from the Japan Finance Organisation for Municipalities (JFM), identifiable by its ISIN JP351265YF42. JFM, a cornerstone public corporation within Japan's financial infrastructure, plays a critical role in facilitating stable and affordable funding for local government bodies across the nation, with its mandate being to support municipal projects and operations, thereby contributing significantly to regional development and public service provision. As an entity with a strong governmental nexus, JFM's debt instruments are typically viewed as high-quality investments, reflecting a robust credit profile and often enjoying a quasi-sovereign standing in the market. This particular fixed-income instrument, issued in Japan and denominated in Japanese Yen (JPY), carries a coupon rate of 1.058% and is scheduled to reach maturity on May 26, 2034. The bond issue boasts a total size of JPY 3,000,000,000, with a minimum investment threshold established at JPY 10,000,000 per purchase. Interest payments are distributed on an annual basis. Currently, the bond is actively trading on the market at 100% of its par value, indicating a stable pricing at its face value. |
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