OREANDA-NEWS. Chubu Electric has decided to issue 10-year  (509th issue, worth 10 billion yen) and 20-year (510th issue, worth 10 billion yen) domestic corporate straight bonds and has begun accepting applications today.

The following is an overview of issue conditions.

Details

1 509th Corporate Bonds

1. Amount issued

10 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.250% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.250% annually

6. Period (payback date)

10 years (June 25, 2026)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

June 25 and December 25 of each year

9. Payment receipt date (Issue date)

June 17, 2016

10. Subscriptions accepted from

June 10, 2016

2 510th Corporate Bonds

1. Amount issued

10 billion yen

2. Denominations

1 million yen

3. Coupon rate

0.628% annually

4. Cost (Issue value)

100 yen per par value of 100 yen

5. Subscriber yield

0.628% annually

6. Period (payback date)

20 years (June 25, 2036)

7. Payback schedule

Lump-sum payment at end of period

8. Interest disbursements

June 25 and December 25 of each year

9. Payment receipt date (Issue date)

June 17, 2016

10. Subscriptions accepted from

June 10, 2016