Wakayama Prefecture, established as a local government entity located in Japan's Honshu region, aims to enhance the quality of life for its residents through effective administration and local economic development. The prefecture offers various services, including infrastructure development, tourism promotion, and public health initiatives to foster regional growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WAKAYA 0.16% 2029-03-31 JPYWakayama Prefecture (Municipal) | Japan | 2029-03-31 | 0.156 | 1.21 |
| WAKAYA 0.16% 2029-03-31 JPYWakayama Prefecture (Municipal) | Japan | 2029-03-31 | 0.156 | 1.11 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wakayama Prefecture first began issuing bonds in the late 1990s as a means to finance public projects and stimulate local economic activity. Notably, its 2020 issuance of 20 billion yen was earmarked for disaster recovery efforts after significant flooding. Current bond yields are competitive within the regional market, reflecting strong fiscal management, while recent news highlighted the completion of a major infrastructure project funded by bond proceeds, enhancing the prefecture's credit profile.