JBIC Issues Global Dollar Bonds Launch of the Japanese Government Guaranteed Bonds(1st)
NR/2012-23
July 12, 2012
July 12, 2012
- Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Okuda) launched a fixed rate Global Dollar Bonds guaranteed by the Japanese government on July 11 (New York City time). The issue has successfully attracted the demands from wide range of international investors, mostly in Asia, Europe, the Middle East and North America.
- The followings are the main features of the issuance:
- The credit ratings for the bonds:
Moody's Japan K.K.: Aa3
Standard & Poor's Ratings Japan K.K.: AA-
| Issuer | Japan Bank for International Cooperation |
| Amount | 2.0 billion U.S. dollars |
| Market | Global |
| Maturity | 5 years (bullet repayment due on July 19, 2017) |
| Coupon rate | 1.125%(S.A.) |
| Issue price | 99.647% (Re-offer yield: 1.198% (S.A.)) |
| Guarantor | The Government of Japan |
| Listing | Luxembourg Stock Exchange |
| Payment date | July 19, 2012 |
| Use of Funds | JBIC Operations |
| Joint Lead Managers |
Merrill Lynch, Pierce, Fenner & Smith Incorporated The Hongkong and Shanghai Banking Corporation Limited |
