JFM Bonds (Domestic)
JFM issues non-guaranteed domestic bonds through the following approaches:
Public Offerings
-
Regular issuance of 2-year, 5-year, 10-year, 20-year and 30-year bonds
-
Opportunistic bond issuance (in principle, maturities except for 2, 5, 10, 20 and 30-year) through JFM's Flexible Issuance Program ("FLIP")* etc.
*FLIP is JFM's unique framework for domestic bond issuance which is similar to the MTN Programme in some ways. JFM issues domestic bonds under the FLIP in a minimum issue amount of JPY 1 billion (USD 6.3 million), with flexibility in terms of issue amount and maturity to meet the needs of investors.