Bond Japan Development Bank 0.105% ( JP372155BK33 ) in JPY

Issuer	Japan Development Bank
Market price	100 % ⇌
Country	Japan
ISIN code	JP372155BK33 ( in JPY )
Interest rate	0.105% per year ( payment 1 time a year)
Maturity	19/03/2029
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Minimal amount	100 000 JPY
Total amount	20 000 000 000 JPY
Next Coupon	19/03/2027 ( In 302 days )
Detailed description	The Development Bank of Japan (DBJ) is a Japanese government-owned financial institution that provides funding and other financial services to promote economic and industrial development in Japan. A notable fixed-income instrument, identified by the ISIN code JP372155BK33, has been issued by the Development Bank of Japan, originating from Japan. The issuer, Development Bank of Japan (DBJ), is a prominent government-owned financial institution established under the Development Bank of Japan Inc. Law, with a core mandate to contribute to the sound and sustainable development of the Japanese economy. DBJ fulfills this role by providing long-term financing and making strategic investments across a diverse range of critical sectors, including infrastructure development, technological innovation, regional revitalization initiatives, and disaster recovery efforts, thereby playing a pivotal role in the nation's economic landscape. As a policy-based financial institution, DBJ benefits from strong implicit government support, which typically underpins the credit quality of its debt instruments. This specific bond, denominated in Japanese Yen (JPY), currently trades at 100% of its par value in the market. It offers a coupon rate of 0.105% with an annual payment frequency, reflecting the prevailing low-interest rate environment characteristic of the Japanese financial market. The total issue size for this particular bond stands at 20,000,000,000 JPY, with a minimum purchase size set at 100,000 JPY, making it accessible to a range of investors. The bond is slated to reach its maturity on March 19, 2029, providing a defined repayment date for investors holding this debt obligation.