- News Release
- 9th December, 2002
Launch of Global Yen Bond
Development Bank of Japan (DBJ) launched its Global yen bond, guaranteed by the government of Japan, on 4th of December, 2002.
DBJ responded to strong demand from international investors, who are increasingly seeking high quality yen assets with super long maturity. Also, the global format enhanced demand from various areas of the world, including the US, UK, Continental Europe and Asia.
It is noteworthy that the bond is the first super long Global yen bond issued by a Japanese entity.
Details are as follows:
| ssue amount | : JPY 75billion |
|---|---|
| Maturity | : 20th September, 2022 |
| Coupon | : 1.70% |
| Re-offer price | : 99.767% |
| Guarantor | : Japan |
| Listing | : Luxembourg |
| Joint bookrunners | : Nikko SalomonSmithBarney / UBS Warburg |
| Signing date | : 6th December, 2002 |
| Closing date | : 13th December, 2002 |
