
The Prefecture of Iwate, located in northeastern Japan, was established to govern and promote the region’s development, focusing on enhancing the quality of life for its residents. The prefecture primarily offers services related to public infrastructure, disaster recovery, and regional economic initiatives, emphasizing sustainable growth and community welfare.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IWATE 0.48% 2037-05-25 JPYPrefecture of Iwate | Japan | 2037-05-25 | 0.475 | 1.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Iwate commenced its bond issuance program in the early 2000s, with a significant series of bonds introduced in 2009 to fund post-disaster recovery efforts following the Great East Japan Earthquake. Recently, it issued 10-year bonds with yields competitive within the regional market, noted for their green financing component aimed at environmental projects. The prefecture's commitment to transparent financial management has garnered positive attention, with the latest bond issuance in 2023 showcasing strong investor demand, reflecting confidence in Iwate's recovery and growth strategies.