Issue of Debt

RNS Number:8171N
Japan Bank for Intl Cooperation
21 June 2005





                          JBIC Issues Euro Dollar Bond

                -Tenth Issuance in International Capital Market-



1.  Japan Bank for International Cooperation (JBIC; Governor: Kyosuke Shinozawa)
signed on June 17 in London an agreement for the issuance of a fixed rate Euro
Dollar Bond with Japanese government guarantee.

The terms of issuance were decided on June 8. The issue was sold successfully
with a strong demand from wide range of prime international investors mostly in
Asia and Europe, and also in Middle East.



2.  The following are the main features of the issuance:

Amount                  750 million US Dollar

Market                  Euro market

Maturity                5 years (bullet repayment due on September 22, 2010)

Coupon rate             4.000%

Issue price             99.743 % (Re-offer yield: 4.05%)

Guarantor               Government of Japan

Listing                 London Stock Exchange

Payment date            June 22, 2005

Use of Funds            International Financial Operations of JBIC

Syndicate               BNP Paribas, Merrill Lynch International (Lead Manager)
                        Deutsche Bank, Morgan Stanley International, 
                        Nikko Citigroup, Nomura International (Co-Lead Managers)




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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