JFM Bonds (Domestic)
JFM issues non-guaranteed domestic bonds through the following approaches:
Public Offerings
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Regular issuance of 5-year, 10-year, 20-year and 30-year bonds
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Opportunistic bond issuance through JFM's Flexible Issuance Program ("FLIP")* etc.
*FLIP is JFM's unique framework for domestic bond issuance. Bond maturities range from 2 years to 40 years (except for 5-year, 10-year, 20-year and 30-year fixed rate bullet bonds) with minimum and maximum issue sizes of JPY 3 billion and JPY 25 billion, respectively.