- Region: Others
- Others
-
Japan Bank for International Cooperation (JBIC; Governor: Akira Kondoh) launched 5-year and 10-year fixed rate Global Dollar Bonds guaranteed by the government of Japan on October 27 (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.
-
The followings are the main features of the issuance:
JBIC Eighteenth Japanese Government Guaranteed Bonds
Issuer :Japan Bank for International Cooperation Amount :1.0 billion U.S. dollars Market :Global Maturity :5 years (bullet repayment due on November 4, 2021) Coupon rate :2.000%(S.A.) Issue price :99.995% (Re-offer yield:2.001% (S.A.)) Guarantor :The Government of Japan Listing :Luxembourg Stock Exchange Payment date :November 4, 2016 Use of Funds :JBIC operations Joint Lead Managers :J.P. Morgan Securities plc
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Mizuho Securities USA Inc.
Nomura International plcJBIC Nineteenth Japanese Government Guaranteed Bonds
Issuer :Japan Bank for International Cooperation Amount :1.8 billion U.S. dollars Market :Global Maturity :10 years (bullet repayment due on November 4, 2026) Coupon rate :2.250%(S.A.) Issue price :99.149% (Re-offer yield:2.346% (S.A.)) Guarantor :The Government of Japan Listing :Luxembourg Stock Exchange Payment date :November 4, 2016 Use of Funds :JBIC operations Joint Lead Managers :J.P. Morgan Securities plc
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Mizuho Securities USA Inc.
Nomura International plc - The credit ratings for the bonds:
Moody’s Japan K.K.: A1
Standard & Poor’s Ratings Japan K.K.: A+