August 6, 2021
Japan International Cooperation Agency (JICA) has mandated Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Barclays Securities Japan Ltd., Mizuho Securities Co., Ltd. and Tokai Tokyo Securities Co., Ltd. as joint lead managers for the 10-year Fiscal Investment and Loan Program (FILP) Agency Bonds, and Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Mizuho Securities Co., Ltd., and SMBC Nikko Securities Inc. as joint lead managers for the 20-year Agency Bonds.
The bonds are denominated in Japanese Yen without government guarantee and are scheduled to be launched in September 2021. The proceeds from issuing the bonds will be allocated to JICA's Finance and Investment Account projects which enhance gender equality and women’s empowerment in developing countries (not knowingly allocate any proceeds from the sale of bonds to activities related to coal-fired power generation).
The detail of the transaction is to be determined, subject to market conditions.