Investor Relations

JFM Bonds (Domestic)

JFM issues non-guaranteed domestic bonds through the following approaches:

Public Offerings

  • Regular issuance of 5-year, 10-year, 20-year and 30-year bonds

  • Opportunistic bond issuance 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 3 billion (USD 22.5 million), with flexibility in terms of issue amount and maturity to meet the needs of investors.

Private Placements with Pension Funds for Local Government Officials