September 5, 2019
Japan International Cooperation Agency (JICA; President: Shinichi Kitaoka) launched on September 5, 2019 Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds): JPY 12 billion with a 10-year maturity.
The bonds are issued as “TICAD bond” in conjunction with the Seventh Tokyo International Conference on African Development (TICAD7) which was held at the end of August, and the bond proceeds will be allocated to JICA’s Finance and Investment activities in Africa.
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 a third party (Japan Research Institute).
Bonds issue details:
Issue #: No.50
Issue amount: JPY 12 bn
Maturity period: 10 years
Launch date: September 5, 2019
Issue date: September 20, 2019
Maturity date: September 20, 2029
Coupon: 0.055% (s.a.)
Issue price: 100.00 (per 100.00)
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., and SMBC Nikko Securities Inc.
Capital Markets Division, Treasury, Finance and Accounting Department, JICA