
Oita (Municipal) is a local government entity based in Oita, Japan, established to manage public finances and support regional development. The municipality primarily focuses on infrastructure projects, public services, and initiatives aimed at enhancing the quality of life for its residents.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
OITA 0.19% 2039-07-15 JPYOita (Municipal) | Japan | 2039-07-15 | 0.190 | 1.73 |
OITA 0.28% 2040-07-10 JPYOita (Municipal) | Japan | 2040-07-10 | 0.281 | 1.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Oita (Municipal) began issuing bonds in 1971 to fund various public projects and has since become a significant player in the municipal bond market. Notable recent issuances include a ¥10 billion bond in 2022 aimed at renewable energy initiatives, reflecting a growing trend towards sustainability. Current yields for Oita (Municipal) bonds stand competitively at around 0.5%, aligning closely with the average yields within the regional bond market, and these bonds are often noted for their tax-exempt features, appealing to retail investors seeking secure investment opportunities.