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. 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.

Private Placements with Pension Funds for Local Government Officials