Bond Nippon Life 0% ( JP372369AGP8 ) in JPY

Issuer	Nippon Life
Market price	100 % ⇌
Country	Japan
ISIN code	JP372369AGP8 ( in JPY )
Interest rate	0%
Maturity	Perpetual
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Minimal amount	100 000 000 JPY
Total amount	65 000 000 000 JPY
Detailed description	Nippon Life Insurance Company, also known as Nissay, is a major Japanese mutual life insurance company, offering a wide range of insurance and financial products, including life insurance, annuities, and investment products, with significant international operations. Nippon Life Insurance, also known as Nissay, a prominent Japanese insurance provider, has issued a perpetual zero-coupon bond identified by ISIN JP372369AGP8, which currently trades at 100% of its Japanese Yen face value, part of a total issuance of JPY 65 billion with a minimum purchase requirement of JPY 100 million, notably structured without periodic interest payments and lacking a defined maturity date.