JICA Launches JPY 8 Billion of the 78th JICA Bonds (Non-Guaranteed Domestic Bonds (Retail Bonds))
2024.01.12
On January 12, 2024, Japan International Cooperation Agency launched Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds): JPY 8 billion with a 5-year maturity of retail bonds.
The bonds are Sustainability Bonds. JICA released its new “JICA Social/Sustainability Bond Framework” on April 7, 2023, and it has obtained a second party opinion from Moody’s. JICA will use the net proceeds from the sale of the bonds to finance newly committed or ongoing Eligible Projects of the Sustainability Bonds as defined under the Framework. JICA will not knowingly allocate the net proceeds of the bonds to activities related to coal-fired thermal power projects.
Bonds issue details:
Issue #: No.78 (Retail bonds)
Issue amount: JPY 8 bn
Maturity period: 5 years
Issue date: February 2, 2024
Maturity date: December 20, 2028
Coupon: 0.294% (s.a.)
Issue price: JPY100.00 (per JPY100.00)
Collateral: General collateral
Rating: AA+ (R&I)
Lead manager: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Nomura Securities Co., Ltd., Rakuten Securities, Inc., and SMBC Nikko Securities Inc. and Tokai Tokyo Securities Co., Ltd.
Contact
Budget for Finance and Investment Account, and Capital Markets Division, Treasury, Finance and Accounting Department, JICA
Tel: +81-3-5226-9279
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