Press Releases

On July 15, 2022, Japan International Cooperation Agency (JICA; President: TANAKA Akihiko) launched Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds): JPY 11 billion with 10-years maturity and JPY 13 billion with 20-years maturity.

The bonds have the features of “Social Bonds” defined by the International Capital Market Association (ICMA) and are qualified by a second party opinion from an independent third party (Japan Research Institute).

The proceeds from the bonds will be allocated to JICA's Finance and Investment Account projects in developing countries which are affected by violent conflicts. The projects will assist the targeted countries to build resilient states and societies, and contribute to realizing a peaceful and just society. JICA will manage and track the net proceeds to ensure that they are allocated only to investments in eligible projects stated above, excluding activities related to coal-fired power generation.


Bonds issue details:

Issue #: No.66
Issue amount: JPY 11 bn
Maturity period: 10 years
Launch date: July 15, 2022
Issue date: July 22, 2022
Maturity date: July 22, 2032
Coupon: 0.374% (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., Nomura Securities Co., Ltd. and Tokai Tokyo Securities Co., Ltd

Issue #: No.67
Issue amount: JPY 13 bn
Maturity period: 20 years
Launch date: July 15, 2022
Issue date: July 22, 2022
Maturity date: July 22, 2042
Coupon: 0.910% (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., Nomura Securities Co., Ltd. and Okasan Securities Co., Ltd.

Contact
Budget for Finance and Investment Account, and Capital Markets Division, Treasury, Finance and Accounting Department, JICA
Tel: +81-3-5226-9279