Startale Opens Japan Digital Bond Paying Interest And Principal In JPYSC
Startale Japan opened subscriptions for a one-year digital corporate bond denominated in yen terms and set to pay both interest and principal in JPYSC. The bond is being offered at a fixed 5% annual pre-tax rate, with access through the Startale App and minimum units starting at ¥100,000.
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Users who subscribe to the bond will see payments handled in JPYSC, and the Startale App is the place where interest and principal are delivered. That makes the app part of the bond’s day-to-day use for holders starting from the subscription period.
In practice, this is a one-year digital corporate bond with a fixed pre-tax coupon and a stated minimum purchase amount of ¥100,000. What changes compared with a conventional cash-settled bond is the payment asset, which is JPYSC rather than plain yen cash.
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