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Japan Bank for International Cooperation (JBIC; Governor: Akira Kondoh) launched 3-year fixed rate, 3-year floating rate, 5-year fixed rate and 10-year fixed rate Global Dollar Bonds guaranteed by the government of Japan on July 13 (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.
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The followings are the main features of the issuance:
JBIC Twenty-sixth 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 July 21, 2020) Coupon rate ：2.125% (S.A.) Issue price ：99.948% (Re-offer yield: 2.143% (S.A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：July 21, 2017 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：Merrill Lynch, Pierce, Fenner & Smith Incorporated
Daiwa Capital Markets Europe Limited
J.P. Morgan Securities plc
Nomura International plcJBIC Twenty-seventh Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：1.0 billion U.S. dollars Market ：Global Maturity ：3 years (bullet repayment due on July 21, 2020) Coupon rate ：3M USD LIBOR(ICE) +39.0bp (Q.A.) Issue price ：100% Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：July 21, 2017 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：Merrill Lynch, Pierce, Fenner & Smith Incorporated
Daiwa Capital Markets Europe Limited
J.P. Morgan Securities plc
Nomura International plcJBIC Twenty-eighth Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：1.25 billion U.S. dollars Market ：Global Maturity ：5 years (bullet repayment due on July 21, 2022) Coupon rate ：2.375% (S.A.) Issue price ：99.542% (Re-offer yield: 2.473% (S.A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：July 21, 2017 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：Merrill Lynch, Pierce, Fenner & Smith Incorporated
Daiwa Capital Markets Europe Limited
J.P. Morgan Securities plc
Nomura International plcJBIC Twenty-ninth Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：1.25 billion U.S. dollars Market ：Global Maturity ：10 years (bullet repayment due on July 21, 2027) Coupon rate ：2.875% (S.A.) Issue price ：99.115% (Re-offer yield: 2.978% (S.A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：July 21, 2017 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：Merrill Lynch, Pierce, Fenner & Smith Incorporated
Daiwa Capital Markets Europe Limited
J.P. Morgan Securities plc
Nomura International plc - The credit ratings for the bonds:
Moody's Japan K.K.: A1
S&P Global Ratings Japan Inc.: A+