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February 28, 2014
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Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Watanabe) launched Short 7-year fixed rate Global GBP Bonds guaranteed by the Japanese government on February 27 (London time). The issue has successfully attracted the demands from wide range of international investors, in Europe mostly in England and Asia.
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The followings are the main features of the issuance:
Seventh Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：425 million GBP Market ：Global Maturity ：6 years 9 months (bullet repayment due on December 15, 2020) Coupon rate ：2.625%（A.） Issue price ：99.683%(Re-offer yield: 2.678% (A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：March 6, 2014 Use of Funds ：JBIC operations Joint Lead Managers ：HSBC Bank plc, Barclays Bank PLC,
Nomura International plc -
The credit ratings for the bonds:
Moody's Japan K.K.: Aa3
Standard & Poor's Ratings Japan K.K.: AA-