April 30, 2021
Japan International Cooperation Agency (JICA) has mandated Nomura Securities Co., Ltd., Daiwa Securities Co., Ltd., Okasan Securities Co., Ltd. and SMBC Nikko Securities Inc. as joint lead managers for the 10-year and 20-year Fiscal Investment and Loan Program (FILP) Agency Bonds. The proceeds will be allocated to JICA’s Finance and Investment Account dedicated to its ODA Loans and Private Sector Investment Finance activities (not knowingly allocate any proceeds from the sale of the bonds to activities related to coal-fired power generation).
The bonds are denominated in Japanese Yen without government guarantee and are scheduled to be launched in June 2021.
The detail of the transaction is to be determined, subject to market conditions.