Japan International Cooperation Agency (JICA; President: Shinichi Kitaoka) launched on December 6, 2018 Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds): JPY 15 billion with a 20-year maturity.
The bonds have the features of “Social Bonds” defined by the International Capital Market Association (ICMA) and are qualified by an independent second opinion from the third party (Japan Research Institute).
Bonds issue details:
Issue #: No.47
Issue amount: JPY 15 bn
Maturity period: 20 years
Launch date: December 6, 2018
Issue date: December 20, 2018
Maturity date: December 20, 2038
Coupon: 0.636% (s.a.)
Issue price: 100.00 (per 100.00)
Re-offer spread: 5.5 bps over 20-year JGB #166 due September 20, 2038
Collateral: General collateral
Rating: A+ (S&P), AA+ (R&I)
Listing: TOKYO PRO-BOND Market
Lead manager: Daiwa Securities Inc., Mizuho Securities Co., Ltd., Shinkin Securities Co., Ltd. and Tokai Tokyo Securities Co., Ltd.
Capital Markets Division, Treasury, Finance and Accounting Department, JICA