Bond Japan Development Bank 0.195% ( JP372155CK16 ) in JPY

Issuer	Japan Development Bank
Market price	100 % ⇌
Country	Japan
ISIN code	JP372155CK16 ( in JPY )
Interest rate	0.195% per year ( payment 1 time a year)
Maturity	18/01/2029
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Minimal amount	100 000 000 JPY
Total amount	20 000 000 000 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 comprehensive overview of the Japanese fixed-income landscape highlights the JP372155CK16 bond, issued by the Development Bank of Japan (DBJ), a wholly government-owned financial institution playing a critical role in fostering Japan's economic growth through long-term financing for strategic sectors, thereby bolstering the perceived stability of its debt. This Yen-denominated security, with an ISIN of JP372155CK16, currently trades at 100% of its par value and offers an annual fixed interest rate of 0.195% until its maturity on January 18, 2029. The total issuance size for this instrument is substantial, reaching JPY 20,000,000,000, with a stipulated minimum purchase threshold of JPY 100,000,000, and coupon payments are structured on an annual basis.