Kanagawa Prefecture, established as a municipal government entity in 1868, is located in Japan and serves to enhance the welfare and socioeconomic development of its residents. The prefecture focuses on various public services and initiatives, including infrastructure development, educational services, and public health programs.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kanagawa Prefecture has a robust history of bond issuances, having first entered the market in 1986 with the goal of financing public projects. Notably, their largest issuance took place in 2010, when they issued 100 billion yen in bonds to support disaster recovery efforts following the Great East Japan Earthquake. Currently, the yields on Kanagawa bonds are competitive compared to regional issuers, with recent yields hovering around 0.75%, reflecting the prefecture's strong credit rating and fiscal management. Special features of their bonds include green bonds aimed at environmental conservation initiatives, which have gained attention for aligning with sustainability goals.