JICA Launches JPY 25 Billion Non-Guaranteed Domestic Bonds
2023.06.09
On June 9, 2023, Japan International Cooperation Agency (JICA; President: Tanaka Akihiko) launched Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds): JPY 15 billion with a 10-year maturity and JPY 10 billion with a 20-year maturity.
Bonds issue details
Issue #: No.73
Issue amount: JPY 15 bn
Maturity period: 10 years
Issue date: June 23, 2023
Maturity date: March 18, 2033
Coupon: 0.681% (s.a.)
Issue price: JPY100.00 (per JPY100.00)
Collateral: General collateral
Rating: A+ (S&P), AA+ (R&I)
Listing: TOKYO PRO-BOND Market
Lead manager: Nomura Securities Co., Ltd., Daiwa Securities Co. Ltd., SMBC Nikko Securities Inc. and Tokai Tokyo Securities Co., Ltd.
Issue #: No.74
Issue amount: JPY 10 bn
Maturity period: 20 years
Issue date: June 23, 2023
Maturity date: March 20, 2043
Coupon: 1.110% (s.a.)
Issue price: JPY100.00 (per JPY100.00)
Collateral: General collateral
Rating: A+ (S&P), AA+ (R&I)
Listing: TOKYO PRO-BOND Market
Lead manager: Daiwa Securities Co. Ltd., Mizuho Securities Co., Ltd., Shinkin Securities Co., Ltd. and SMBC Nikko Securities Inc.
Use of Proceeds
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 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.
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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