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The 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 October 8 (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-ninth Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：1billion U.S. dollars Market ：Global Maturity ：3 years (bullet repayment due on October 17, 2022) Coupon rate ：1.625% (S.A.) Issue price ：99.723% (Re-offer yield:1.720% (S.A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：October 17, 2019 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：J.P. Morgan Securities plc
Barclays Bank PLC
BofA Securities, Inc.
Morgan Stanley & Co. International plcJBIC Fortieth Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：1billion U.S. dollars Market ：Global Maturity ：5 years (bullet repayment due on October 17, 2024) Coupon rate ：1.750% (S.A.) Issue price ：99.933% (Re-offer yield:1.764% (S.A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：October 17, 2019 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：J.P. Morgan Securities plc
Barclays Bank PLC
BofA Securities, Inc.
Morgan Stanley & Co. International plcJBIC Forty-first Japanese Government Guaranteed Bonds
Issuer ：Japan Bank for International Cooperation Amount ：1billion U.S. dollars Market ：Global Maturity ：10 years (bullet repayment due on October 17, 2029) Coupon rate ：2.000% (S.A.) Issue price ：99.973% (Re-offer yield:2.003% (S.A.)) Guarantor ：The Government of Japan Listing ：Luxembourg Stock Exchange Payment date ：October 17, 2019 Use of Funds ：JBIC ordinary operations Joint Lead Managers ：J.P. Morgan Securities plc
Barclays Bank PLC
BofA Securities, Inc.
Morgan Stanley & Co. International plc - The credit ratings for the bonds:
Moody's Japan K.K.: A1
S&P Global Ratings Japan Inc.: A+