Retail government bond

A government bond for individuals that keeps its face value

In detail

Japan issues these bonds only to individuals, from ¥10,000. Cashing out early does not cut the face value; roughly the last year of interest is deducted instead. Floating and fixed-rate versions exist, and a minimum rate applies. It is not a product for price gains, more a place to hold money with a small return.

Example

You can buy from ¥10,000 and cash out after 1 year from issue.

Related terms

Government bond Coupon rate Redemption

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For learning, not investment advice. Decisions are your own.