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 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 19.8 million), with flexibility in terms of issue amount and maturity to meet the needs of investors.