DBJ issued the 100th MTN

Development Bank of Japan Inc. issued the 100th MTN on August 28, 2025.

The main terms of the bonds

IssuerDevelopment Bank of Japan Inc.
MarketGlobal Market(144A/Reg.S)
Issue amountUSD 1,000 million
Maturity3 years (due on August 28, 2028)
Coupon3.875%
Re-offer price99.853%
ListingLuxembourg Stock Exchange Euro MTF
Lead managersGoldman Sachs International
Citigroup Global Markets Limited
Morgan Stanley & Co. International plc
Nomura International pl
Signing dateAugust 19, 2025
Closing dateAugust 28, 2025
Bond ratingsA1: Moody's, A: S&P
This communication does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States, Japan or any other jurisdiction where such an offer or solicitation would be unlawful. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or an exemption from registration, and any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and that will contain detailed information about the issuer and management, as well as financial statements. The securities referred to herein have not been and will not be registered under the Securities Act.

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