Bond Japan Development Bank 0.26% ( JP372155CJ19 ) in JPY

Issuer	Japan Development Bank
Market price	100 % ⇌
Country	Japan
ISIN code	JP372155CJ19 ( in JPY )
Interest rate	0.26% per year ( payment 1 time a year)
Maturity	18/01/2028
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Minimal amount	100 000 000 JPY
Total amount	25 000 000 000 JPY
Next Coupon	18/01/2027 ( In 242 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 new fixed-income opportunity has emerged from the Development Bank of Japan, a prominent financial institution wholly owned by the Japanese government. This bond, identified by the ISIN code JP372155CJ19 and issued from Japan, is currently quoted at its par value of 100% in the market. Denominated in Japanese Yen (JPY), it offers an annual interest rate of 0.26%, with interest payments scheduled once per year. The maturity date for this particular instrument is set for January 18, 2028. The total size of this bond issuance amounts to JPY 25,000,000,000, with a specified minimum purchase amount of JPY 100,000,000. As the issuer, the Development Bank of Japan plays a pivotal role in Japan's economic landscape, focusing on supporting strategic sectors and promoting long-term economic development. Established in 1951, DBJ provides a broad range of financial services including long-term debt financing, equity investments, and financial advisory services to companies undertaking projects deemed crucial for Japan's industrial competitiveness, regional revitalization, environmental initiatives, and disaster recovery efforts. Its strong affiliation with the Japanese government typically underpins its creditworthiness, positioning its debt instruments as a reflection of the sovereign's stability within the Japanese financial markets.