Shizuoka Prefecture (Municipal) was established as a local government entity in the Shizuoka region of Japan, aimed at managing public resources and promoting regional development. The municipality focuses on providing essential public services, including education, healthcare, and infrastructure development to enhance the quality of life for its residents. Key services include urban planning, public transportation, and environmental sustainability initiatives.
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Shizuoka Prefecture began issuing municipal bonds in the early 2000s to fund various infrastructure projects, fostering economic growth within the region. Notably, in 2018, the prefecture issued a significant tranche of bonds totaling ¥20 billion to finance disaster recovery efforts following typhoons, which was well-received in the market and maintained competitive yields compared to other municipal issuers. Currently, Shizuoka's bonds attract attention for their strong credit ratings and features such as green bonds aimed at funding eco-friendly projects, reflecting a growing trend toward sustainable investing.