- News Release
- January. 25, 2007
Development Bank of Japan Bond (FILP agency bond) Issues No. 28 and No. 29
1. Overview
On January 25, 2007, DBJ (Governor: Takeshi Komura) decided on terms for issuing No. 28 and No. 29 FILP agency bonds (publicly issued bonds without government guarantee).
2. Bond issue details
| Category | No. 28 bonds | No. 29 bonds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Issue amount |
\50.0 billion | \20.0 billion | ||||||||
| Term | 5-year (December 20, 2011 redemption) |
10-year (December 20, 2016 redemption) |
||||||||
| Coupon rate | 1. 30% | 1. 86% | ||||||||
| Issue price | \99.97 | \99.93 | ||||||||
| Collateral | General collateral | |||||||||
| Issue date | February 5, 2007 | |||||||||
| Ratings |
|
|||||||||
| Lead-managing underwriters | Co-lead managers Mizuho Securities Co., Ltd. and Mitsubishi UFJ Securities Co., Ltd. | Co-lead managers Mizuho Securities Co., Ltd. and Goldman Sachs Japan Ltd. | ||||||||
2. Issues Expected during the Fiscal Year
In fiscal 2006, DBJ plans to issue FILP agency bonds in an amount of up to \240.0 billion. Issuance of the remaining ¥35.0 billion in bonds will be determined flexibly in accordance with market and other conditions.
Reference:
History of FILP agency bond issuance
| Date terms determined |
Term | Issue amount |
Interest rate |
Issue price | Investor yields |
Spread against JGBs at launch |
|
| No. 1 bonds | 01/9/11 | 5-year | \50.0 billion | 0.60% | \99.99 | 0.603% | +10bp |
| No. 2 bonds | 02/1/22 | 5-year | \50.0 billion | 0.78% | \99.96 | 0.787% | +10bp |
| No. 3 bonds | 02/4/8 | 5-year | \50.0 billion | 0.67% | \99.98 | 0.673% | +10bp |
| No. 4 bonds | 02/7/17 | 5-year | \50.0 billion | 0.52% | \99.98 | 0.523% | +9bp |
| No. 5 bonds | 02/10/10 | 10-year | \50.0 billion | 1.23% | \99.93 | 1.238% | +11bp |
| No. 6 bonds | 03/1/15 | 5-year | \50.0 billion | 0.41% | \99.98 | 0.413% | +7bp |
| No. 7 bonds | 03/4/10 | 10-year | \60.0 billion | 0.78% | \99.95 | 0.785% | +10bp |
| No. 8 bonds | 03/7/30 | 5-year | \50.0 billion | 0.40% | \99.96 | 0.407% | +5bp |
| No. 9 bonds | 03/10/16 | 10-year | \50.0 billion | 1.58% | \99.99 | 1.581% | +12bp |
| No. 10 bonds | 03/12/3 | 7-year | \20.0 billion | 1.17% | \99.94 | 1.178% | +10bp |
| No. 11 bonds | 03/12/3 | 15-year | \10.0 billion | 1.83% | \99.94 | 1.834% | +17bp |
| No. 12 bonds | 04/1/22 | 5-year | \50.0 billion | 0.68% | \99.99 | 0.681% | +11bp |
| No. 13 bonds | 04/4/16 | 10-year | \50.0 billion | 1.59% | \99.96 | 1.594% | +8bp |
| No. 14 bonds | 04/7/27 | 5-year | \50.0 billion | 0.99% | \99.96 | 0.998% | +9bp |
| No. 15 bonds | 04/8/24 | 4-year | \30.0 billion | 0.64% | \99.99 | 0.642% | +7bp |
| No. 16 bonds | 04/10/15 | 10-year | \50.0 billion | 1.52% | \99.97 | 1.523% | +8bp |
| No. 17 bonds | 04/12/1 | 7-year | \20.0 billion | 1.05% | \99.98 | 1.052% | +6bp |
| No. 18 bonds | 05/1/19 | 5-year | \40.0 billion | 0.62% | \99.95 | 0.629% | +6bp |
| No. 19 bonds | 05/4/15 | 10-year | \50.0 billion | 1.40% | \99.97 | 1.403% | +7.5bp |
| No. 20 bonds | 05/07/27 | 15-year | \10.0 billion | 1.70% | \99.88 | 1.709% | +10bp |
| No. 21 bonds | 05/07/27 | 5-year | \50.0 billion | 0.57% | \99.96 | 0.577% | ＋6bp |
| No. 22 bonds | 05/08/11 | 6-year | \30.0 billion | 0.92% | \99.95 | 0.928% | +5.5bp |
| No. 23 bonds | 05/10/14 | 4-year | \20.0 billion | 0.77% | \99.99 | 0.772% | +5.5bp |
| No. 24 bonds | 05/10/14 | 10-year | \40.0 billion | 1.65% | \99.96 | 1.654% | +8bp |
| No. 25 bonds | 06/08/30 | 5-year | \35.0 billion | 1.41% | \100.00 | 1.410% | +24bp |
| No. 26 bonds | 06/10/11 | 5-year | \80.0 billion | 1.40% | \99.97 | 1.406% | +21bp |
| No. 27 bonds | 06/11/9 | 10-year | \20.0 billion | 1.98% | \99.95 | 1.985% | +26bp |
| No. 28 bonds | 07/01/25 | 5-year | \50.0 billion | 1.30% | \99.97 | 1.306% | +12bp |
| No. 29 bonds | 07/01/25 | 10-year | \20.0 billion | 1.86% | \99.93 | 1.867% | +20bp |
