JICA Launches JPY 35 Billion Non-Guaranteed Domestic Bonds in Two Tranches
OREANDA-NEWS. September 06, 2016. Japan International Cooperation Agency (JICA; President: Shinichi Kitaoka) launched on September 2, 2016 Fiscal Investment and Loan Program (FILP) Agency bonds (non-government guaranteed domestic bonds) in two tranches: JPY 20 billion with a 10-year maturity and JPY 15 billion with a 30-year maturity.
It marks the first time that a Japanese issuer offers bonds reflecting features of Social Bonds defined by the International Capital Market Association (ICMA) in June 2016, in the Tokyo Market. Japan Research Institute has provided an independent second opinion on the bonds’ qualification as “Social Bonds”.