- News Release
- July 4, 2000
Launch of global Yen bond
Development Bank of Japan (DBJ) launched its inaugural Global yen bond, guaranteed by the government of Japan, on 29th of June, 2000.
DBJ responded to strong demand from international investors, who are increasingly seeking high quality yen assets. Also, the global format enhanced demand from various areas of the world, including the US, UK, Continental Europe and Asia. The large issue size was highly welcomed, because it offers sufficient liquidity for investors.
It is noteworthy that the bond is a first Global yen (straight bond), issued by a Japanese entity.
Details are as follows:
| Issue amount |
: JPY 100billion |
|---|---|
| Maturity | : 21st June, 2010 |
| Coupon | : 1.75% |
| Re-offer price | : 99.634% |
| Guarantor | : Japan |
| Listing | : Luxembourg |
| Book runner | : Nomura International plc |
| Signing date | : 3rd July, 2000 |
| Closing date | : 13th July, 2000 |
