Issue of Debt

RNS Number:9224Z
Japan Bank for Intl Cooperation
16 March 2006

                                                                   March 1, 2006


       JBIC Issues Fiscal Investment and Loan Program (FILP) Agency Bonds

                - Issuance of 20 billion yen for 15-year bonds and 
                       20 billion yen for 20-year bonds -



1. Japan Bank for International Cooperation (JBIC; Governor: Kyosuke Shinozawa)
   has launched today at the following terms for its FILP Agency Bonds
   (non-government guaranteed domestic bonds) in Japanese capital markets:



2. The main terms of the bonds:



#22 JBIC Bond

Amount                  JPY 20 billion
Market                  Japan
Maturity                15 years (due on March 22, 2021)
Payment date            March 14, 2006
Coupon rate             1.89%
Issue price             99.88% (Re-offer yield: 1.899%)
Collateral              General Collateral
Syndicate               Mitsubishi UFJ, Merrill Lynch (Lead Managers)


#23 JBIC Bond

Amount                  JPY 20 billion
Market                  Japan
Maturity                20 years (due on December 19, 2025)
Payment date            March 14, 2006
Coupon rate             2.09%
Issue price             100.00% (Re-offer yield: 2.09%)
Collateral              General Collateral
Syndicate               Mizuho, Shinko (Lead Managers)





Credit ratings of these bonds are as follows.

AAA: R&I
AAA: JCR
A2: Moody's
AA-: S&P




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

IODSFAFEMSMSEED