JBIC Issues Global Dollar Bonds
Launching Twentieth and Twenty-first Japanese Government Guaranteed Bonds

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February 15, 2017
  1. Japan Bank for International Cooperation (JBIC; Governor: Akira Kondoh) launched 3-year fixed rate and floating rate Global Dollar Bonds guaranteed by the government of Japan on February 14 (New York City time). The issuance has successfully attracted the demands from wide range of international investors, mostly in Asia, Europe, the Middle East, and North America.
     
  2. The followings are the main features of the issuance:
     

    JBIC Twentieth Japanese Government Guaranteed Bonds

    Issuer :Japan Bank for International Cooperation
    Amount :1.5 billion U.S. dollars
    Market :Global
    Maturity :3 years (bullet repayment due on February 24, 2020)
    Coupon rate :2.250% (S.A.)
    Issue price :99.726% (Re-offer yield: 2.345% (S.A.))
    Guarantor :The Government of Japan
    Listing :Luxembourg Stock Exchange
    Payment date :February 24, 2017
    Use of Funds :JBIC operations
    Joint Lead Managers :Barclays Bank PLC
      Citigroup Global Markets Inc.
      Daiwa Capital Markets Europe Limited
      J.P. Morgan Securities plc

    JBIC Twenty-first Japanese Government Guaranteed Bonds

    Issuer :Japan Bank for International Cooperation
    Amount :0.5 billion U.S. dollars
    Market :Global
    Maturity :3 years (bullet repayment due on February 24, 2020)
    Coupon rate :3M USD LIBOR(ICE) + 57bp (Q.A.)
    Issue price :100%
    Guarantor :The Government of Japan
    Listing :Luxembourg Stock Exchange
    Payment date :February 24, 2017
    Use of Funds :JBIC operations
    Joint Lead Managers :Barclays Bank PLC
      Citigroup Global Markets Inc.
      Daiwa Capital Markets Europe Limited
      J.P. Morgan Securities plc
  3. The credit ratings for the bonds:
    Moody’s Japan K.K.: A1
    Standard & Poor’s Ratings Japan K.K.: A+
     
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