The Japan International Cooperation Agency (JICA) has selected the following Joint Lead Managers for the issuance of the 88th and 89th JICA Bonds (Domestic FILP Agency Bonds) to institutional investors (in alphabetical order except for the Administrative Lead Manager).
Nomura Securities Co.
SMBC Nikko Securities Inc.
Daiwa Securities Co.
Mizuho Securities Co.
The bond issuance is scheduled for August 2026. Details will be discussed with the co-lead managers, while keeping an eye on the market environment and other factors.
The Bonds will be issued as Sustainability Bonds (Note) based on the “JICA Social/Sustainability Bond Framework” (published on April 7, 2023), and the proceeds will be used for the Organization’s paid-in capital cooperation projects (excluding loans to coal-fired power generation projects). The proceeds will be used for the paid-in capital cooperation projects to be implemented by JBIC (except for loans to coal-fired power generation projects).
The bonds are scheduled to be listed on the TOKYO PRO-BOND Market. However, since the bonds are FILP agency bonds, which are exempt from Chapter II of the Financial Instruments and Exchange Act, and do not fall under the category of private placement for specific investors, they can be sold to all investors, including general investors. There are no restrictions on transfer, and the same treatment applies to secondary market transactions.
(Note) Sustainability bonds are bonds issued to finance projects that contribute to solving social and environmental issues, and are eligible for SDGs and ESG investments.
(In charge)
Paid Finance Section, Finance Department
(tel: 03-5226-9279)
© Source JICA