Saitama Prefecture, located in Japan, was established with the purpose of governance and development within the region. This municipal entity focuses on enhancing the quality of life for its residents through various public services and infrastructure improvements. Key services include urban planning, education, and health services, aimed at fostering community growth and development.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Saitama Prefecture began issuing bonds in 1986 to finance local projects and infrastructure development. Notable issuances include the 2020 issuance which raised funds for disaster recovery efforts, offering competitive yields that align with regional benchmarks. As of October 2023, the current yield for Saitama Prefecture bonds is approximately 0.15%, reflecting stable demand amidst a low-interest environment. The prefecture's bonds often feature attractive terms, including tax-exempt status for individual investors, enhancing their appeal in the municipal bond market.