According to Hyogo prefectural government, all the bonds which the municipality had issued to finance its solar project in Awaji island sold out after 22 days.
The bond was named "Awaji environment future island bond," if translated into English.
And it collected 400 million JPY from 470 residents.
The official in charge said that the selling speed was much faster than expected, even though that the interest rate was as low as 0.33 %.
The solar station of about 1.0 MW scale will be completed in March 2014.
Kobe Shimbun: 2013/8/24 07:04
http://www.kobe-np.co.jp/news/shakai/201308/0006276941.shtml
Hyogo Prefecture: The Bond:
https://web.pref.hyogo.lg.jp/kk08/miraijimasai.html
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