- Japan Bank for International Cooperation (JBIC) (Governor: Koji Tanami) launched a fixed rate Global Dollar Bond with a Japanese government guarantee on June 11 (New York City time).
The issue has successfully attracted the demands of wide range of international investors, mostly in Asia, Middle East, Europe and the United States.
- The following are the main features of the issuance:
| Amount |
1.5 billion US Dollar |
| Format |
Global |
| Maturity |
5 years (bullet repayment due on June 18, 2013) |
| Coupon rate |
4.250% |
| Issue price |
99.511% (Re-offer yield: 4.360% (S.A.)) |
| Guarantor |
Government of Japan |
| Listing |
London Stock Exchange |
| Payment date |
June 18, 2008 |
| Use of Funds |
International Financial Operations of JBIC |
| Syndicate |
(Joint Lead Managers)
BNP PARIBAS
J.P. Morgan Securities Ltd.
Morgan Stanley & Co. International plc |
| Rating |
Aaa (Moody's Investors Service, Inc.)
AA (Standard & Poor's Rating Services) |
|
