MIL-OSI Asia-Pac: JICA Launches JPY 20 Billion Gender Bonds (Non-Guaranteed Domestic Bonds) in Two Tranches

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Source: Japan International Cooperation Agency

Japan International Cooperation Agency (JICA; President: Shinichi Kitaoka) launched on September 16, 2021 Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds): JPY 10 billion with a 10-year maturity and JPY 10 billion with a 20-year maturity.

The bonds have the features of “Social Bonds” defined by the International Capital Market Association (ICMA) and are qualified by a second party opinion from an independent third party (Japan Research Institute).

The bond proceeds will be allocated to JICA’s Finance and Investment work for projects which meet gender equality project criteria as defined by the OECD-DAC. This includes projects where the main objective is gender equality and also where gender equality is an important and deliberate objective, but is not the principal reason for the project.

Bonds issue details:

Issue #: No.61
Issue amount: JPY 10 bn
Maturity period: 10 years
Launch date: September 16, 2021
Issue date: September 27, 2021
Maturity date: September 27, 2031
Coupon: 0.110% (s.a.)
Issue price: JPY100.00 (per JPY100.00)
Collateral: General collateral
Rating: A+ (S&P), AA+ (R&I)
Listing: TOKYO PRO-BOND Market
Lead manager: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Barclays Securities Japan Ltd., Mizuho Securities Co., Ltd. and Tokai Tokyo Securities Co., Ltd.

Issue #: No.62
Issue amount: JPY 10 bn
Maturity period: 20 years
Launch date: September 16, 2021
Issue date: September 27, 2021
Maturity date: September 27, 2041
Coupon: 0.439% (s.a.)
Issue price: JPY100.00 (per JPY100.00)
Collateral: General collateral
Rating: A+ (S&P), AA+ (R&I)
Listing: TOKYO PRO-BOND Market
Lead manager: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Mizuho Securities Co., Ltd. and SMBC Nikko Securities Inc.

(Note: The bond proceeds will not be knowingly allocated to any activities related to coal-fired power generation.)

Contact
Budget for Finance and Investment Account, and Capital Markets Division, Treasury, Finance and Accounting Department, JICA
Tel: +81-3-5226-9279

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