Issue of Debt

RNS Number:0031X
Japan Bank for Intl Cooperation
22 May 2007

                                                                    May 17, 2007



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

  - Issuance of 50 billion yen for 5-year bonds and 50 billion yen for 10-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:


#26 JBIC Bond

Amount                  JPY 50 billion

Market                  Japan

Maturity                5 years (due on June 20, 2012)

Payment date            May 28, 2007

Coupon rate             1.32%

Issue price             99.97% (Re-offer yield: 1.326%)

Collateral              General Collateral

Syndicate               Nomura, Mizuho (Lead Managers); Goldman Sachs, Shinkin,
                        Shinko, Daiwa SMBC, Nikko Citigroup, Mitsubishi UFJ, 
                        Merrill Lynch, Morgan Stanley (Co-Lead Managers)


#27 JBIC Bond

Amount                  JPY 50 billion

Market                  Japan

Maturity                10 years (due on March 17, 2017)

Payment date            May 28, 2007

Coupon rate             1.77%

Issue price             99.97% (Re-offer yield: 1.773%)

Collateral              General Collateral

Syndicate               Nomura, Mizuho (Lead Managers); Goldman Sachs, Shinkin,
                        Shinko, Daiwa SMBC, Nikko Citigroup, Mitsubishi UFJ, 
                        Merrill Lynch, Morgan Stanley (Co-Lead Managers)




Credit ratings of these bonds are as follows.

AAA: R&I

AAA: JCR

Aaa: Moody's

AA: S&P




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