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Japan Bank for International Cooperation (JBIC; Governor: Tadashi Maeda) launched 3-year fixed rate, 5-year fixed rate and 10-year fixed rate Global Dollar Bonds guaranteed by the government of Japan on July 10 (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 Thirty-third 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 20, 2021) Coupon rate :3.125% (S.A.) Issue price :99.997% (Re-offer yield: 3.126% (S.A.)) Guarantor :The Government of Japan Listing :Luxembourg Stock Exchange Payment date :July 20, 2018 Use of Funds :JBIC ordinary operations Joint Lead Managers :Merrill Lynch, Pierce, Fenner & Smith Incorporated
Barclays Bank PLC
Mizuho Securities USA LLC
Nomura International plcJBIC Thirty-fourth Japanese Government Guaranteed Bonds
Issuer :Japan Bank for International Cooperation Amount :1.5 billion U.S. dollars Market :Global Maturity :5 years (bullet repayment due on July 20, 2023) Coupon rate :3.250% (S.A.) Issue price :99.936% (Re-offer yield: 3.264% (S.A.)) Guarantor :The Government of Japan Listing :Luxembourg Stock Exchange Payment date :July 20, 2018 Use of Funds :JBIC ordinary operations Joint Lead Managers :Merrill Lynch, Pierce, Fenner & Smith Incorporated
Barclays Bank PLC
Mizuho Securities USA LLC
Nomura International plcJBIC Thirty-fifth Japanese Government Guaranteed Bonds
Issuer :Japan Bank for International Cooperation Amount :1.0 billion U.S. dollars Market :Global Maturity :10 years (bullet repayment due on July 20, 2028) Coupon rate :3.250% (S.A.) Issue price :99.005% (Re-offer yield: 3.368% (S.A.)) Guarantor :The Government of Japan Listing :Luxembourg Stock Exchange Payment date :July 20, 2018 Use of Funds :JBIC ordinary operations Joint Lead Managers :Merrill Lynch, Pierce, Fenner & Smith Incorporated
Barclays Bank PLC
Mizuho Securities USA LLC
Nomura International plc - The credit ratings for the bonds:
Moody's Japan K.K.: A1
S&P Global Ratings Japan Inc.: A+