Issue of Debt

RNS Number:4839T
Japan Bank for Intl Cooperation
22 March 2007



                                                                  March 22, 2007



                          JBIC Issues Euro-Dollar Bond

                        -Fourteenth Issuance in International Capital Market-



1.  Japan Bank for International Cooperation (JBIC; Governor: Kyosuke Shinozawa)
signed on March 19, 2007 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 March 7. The issue was sold to prime
international investors mostly in Asia and Europe.



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 March 22, 2012)
Coupon rate 4.875%
Issue price              99.902 % (Re-offer yield: 4.898%)
Guarantor                Government of Japan
Listing                  London Stock Exchange
Payment date             March 22, 2007
Use of Funds             International Financial Operations of JBIC
Syndicate                Nomura International plc, Credit Suisse Securities
                         (Europe) Limited (Lead Managers)
                         Morgan Stanley Inc., Deutsche Bank Securities Inc., 
                         (Senior Co-Lead Managers) UBS Limited, JP Morgan 
                         Securities Ltd., Citigroup Global Markets Limited, BNP 
                         Paribas, Merrill Lynch International, Goldman Sachs 
                         International, Daiwa Securities SMBC Europe Limited, 
                         Lehman Brothers International (Europe), Mizuho 
                         International plc, Mitsubishi UFJ Securities 
                         International plc (Co-Lead Managers)

3.     A copy of our Annual Report on Form 18-K for the year ended March 31,
2006 has been submitted to the UK Listing Authority, and will be available for
inspection at the UK Listing Authorityfs Document Viewing, which is situated at:



Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. no. (0) 20 7676 1000

For further information, please contact Mr. Ohori and Mr. Narumiya Capital 
Markets Division (Tel: Tokyo 5218-3304 / Fax: Tokyo 5218-3960).






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