[an error occurred while processing this directive]
  • News Release
  • January. 25, 2007
  • Development Bank of Japan Inc.

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
Rating and Investment Information, Inc. AAA
Japan Credit Rating Agency, Ltd. AAA
Moody' Investor Service Inc. Aaa
Standard and Poor's (S&P)   AA-
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
[an error occurred while processing this directive]