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  • News Release
  • July 17,2002
  • Development Bank of Japan Inc.

Development Bank of Japan Bond (FILP agency bond) Issues No. 4

1. Overview

On July 17, 2002, DBJ (Governor: Takeshi Komura) decided on terms for issuing No. 4 FILP agency bonds (publicly issued bonds without government guarantee).

2. Bond issue details

\50.0 billion
Term 5-year (September 2007 redemption)
Coupon rate 0. 520%
Issue price \99.98
Collateral General collateral
Issue date July 30, 2002
Ratings Rating and Investment Information, Inc. AAA
Japan Credit Rating Agency, Ltd. AAA
Moody' Investor Service Inc. A2
Standard and Poor's (S&P) AA-
Lead-managing underwriters Co-lead managers Nikko Salomon Smith Barney Japan Limited and Tokyo-Mitsubishi Securities Co., Ltd.

3. Issues Expected during the Fiscal Year

In fiscal 2002, DBJ plans to place its largest bond issue to date. We plan to issue \200.0 billion in bonds without a government guarantee (FILP agency bonds). (Prior to this issue, the DBJ's issue totaled \50.0 billion.) Taking market conditions and other factors into account, in principle DBJ plans to continue issuing five-year bonds on a quarterly basis.

Development Bank of Japan, Treasury Department
Tel: 03-3244-1829
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