- News Release
- February. 6, 2008
Development Bank of Japan Bond (FILP agency bond) Issues No. 43 and No. 44
1. Overview
On February 6, 2008, DBJ (Governor: Minoru Murofushi) decided on terms for issuing No. 43 and No. 44 FILP agency bonds (publicly issued bonds without government guarantee).
2. Bond issue details
| Category | No. 43 bonds | No. 44 bonds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Issue amount |
\20.0 billion | \10.0 billion | ||||||||
| Term | 5-year (March19, 2013 redemption) |
10-year (December 20,2017 redemption) |
||||||||
| Coupon rate | 1. 10% | 1. 63% | ||||||||
| Issue price | \99.96 | \99.91 | ||||||||
| Collateral | General collateral | |||||||||
| Issue date | February 13, 2008 | |||||||||
| Ratings |
|
|||||||||
| Lead-managing underwriters | Co-lead managers Mizuho Securities Co., Ltd. and Goldman Sachs Japan Ltd. | Co-lead managers Mizuho Securities Co., Ltd. and Mitsubishi UFJ Securities Co., Ltd. | ||||||||
3. Issues Expected during the Fiscal Year
In fiscal 2007, DBJ planned to issued FILP agency bonds of up to a maximum of \290.0 billion and the full amount of \290.0 billion in the next issue. Issue plans for fiscal 2008 are slated for disclosure on the Bank's website in early April 2008.
Reference: History of FILP agency bond issuance
(Portion issued in the Japanese market)
| 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 | 05/7/27 | 15-year | \10.0 billion | 1.70% | \99.88 | 1.709% | +10bp |
| No. 21 bonds | 05/7/27 | 5-year | \50.0 billion | 0.57% | \99.96 | 0.577% | +6bp |
| No. 22 bonds | 05/8/11 | 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 | 06/8/30 | 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 | 07/1/25 | 5-year | \50.0 billion | 1.30% | \99.97 | 1.306% | +12bp |
| No. 29 bonds | 07/1/25 | 10-year | \20.0 billion | 1.86% | \99.93 | 1.867% | +20bp |
| No. 30 bonds | 07/3/13 | 12-year | \10.0 billion | 1.93% | \99.98 | 1.931% | +17bp |
| No. 31 bonds | 07/3/14 | 30-year | \20.0 billion | 2.63% | \99.94 | 2.633% | +35bp |
| No. 32 bonds | 07/4/11 | 5-year | \40.0 billion | 1.33% | \99.98 | 1.334% | +12bp |
| No. 33 bonds | 07/4/11 | 10-year | \25.0 billion | 1.80% | \99.93 | 1.807% | +14bp |
| No. 34 bonds | 07/4/20 | 30-year | \15.0 billion | 2.67% | \100.00 | 2.670% | +32bp |
| No. 35 bonds | 07/5/9 | 40-year | \20.0 billion | 2.74% | \99.85 | 2.746% | +40bp |
| No. 36 bonds | 07/5/22 | 20-year | \10.0 billion | 2.23% | \99.95 | 2.233% | +16bp |
| No. 37 bonds | 07/5/23 | 7-year | \10.0 billion | 1.55% | \99.95 | 1.557% | +11bp |
| No. 38 bonds | 07/9/12 | 5-year | \20.0 billion | 1.27% | \99.99 | 1.272% | +17bp |
| No. 39 bonds | 07/9/12 | 10-year | \20.0 billion | 1.75% | \99.91 | 1.760% | +20bp |
| No. 40 bonds | 07/11/8 | 5-year | \20.0 billion | 1.22% | \99.95 | 1.230% | +15bp |
| No. 41 bonds | 07/11/8 | 10-year | \20.0 billion | 1.73% | \99.96 | 1.735% | +18bp |
| No. 42 bonds | 07/12/5 | 20-year | \10.0 billion | 2.25% | \100.00 | 2.250% | +22bp |
| No. 43 bonds | 08/2/6 | 5-year | \20.0 billion | 1.10% | \99.96 | 1.108% | +18bp |
| No. 44 bonds | 08/2/6 | 10-year | \10.0 billion | 1.63% | \99.91 | 1.639% | +21bp |
(Portion issued in overseas markets)
| Date terms determined |
Term | Issue amount |
Interest rate |
Issue price | Investor yields |
Spread against JGBs at launch |
|
|---|---|---|---|---|---|---|---|
| No. 1 bonds (Euroyen) |
07/6/13 | 5-year | \50.0 billion | 1.65% | \99.851 | 1.681% | +9bp |
