Ibaraki Prefecture, located in Japan, is a government entity established to oversee the administration and development of the region since its formation in 1868. Its primary purpose is to provide essential public services and foster economic growth within the prefecture. Key services include infrastructure development, education, and disaster prevention to improve the quality of life for residents.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| IBARAK 0.17% 2030-06-28 JPYIbaraki Prefecture | Japan | 2030-06-28 | 0.170 | 1.33 |
| IBARAK 0.39% 2038-07-30 JPYIbaraki Prefecture | Japan | 2038-07-30 | 0.386 | 1.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ibaraki Prefecture has been active in the bond market since the late 20th century, with significant issuances aimed at financing public projects and infrastructure improvements. Notably, in 2020, Ibaraki issued bonds totaling ¥20 billion to fund a new highway project, with a competitive yield of 0.45%, outperforming the national average. The prefecture's bonds often come with special features like tax-exempt status for residents, attracting local investors. Current yields remain attractive relative to the general municipal bond market, bolstered by the prefecture's strong credit rating and stable economic outlook.