Issue of Debt

RNS Number:7701Q
Japan Bank for Intl Cooperation
26 March 2008

                                                                  March 25, 2008



                          JBIC Issues Euro-Dollar Bond

           -Sixteenth Issuance in International Capital Market-



1.  Japan Bank for International Cooperation (JBIC; Governor: Koji Tanami)
signed on March 19, 2008 in London agreements for the issuance of a fixed rate
Euro-Dollar Bond with Japanese government guarantee.

The terms of issuance were decided on March 12. The issue was sold to prime
international investors in Asia, Middle East, Europe and North America.



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

Amount                     500 million US Dollar

Market                      Euro market

Maturity                    5 years (bullet repayment due on March 25, 2013)

Coupon rate                 3.375%
             
Issue price                 99.554 % (Re-offer yield: 3.474%)

Guarantor                   Government of Japan

Listing                     London Stock Exchange

Payment date                March 25, 2008

Use of Funds                International Financial Operations of JBIC

Syndicate                   Merrill Lynch International, J.P. Morgan Securities
                            Ltd. (Joint Lead Managers)



3.            A copy of our Annual Report on Form 18-K for the year ended March
31, 2007 has been submitted to the UK Listing Authority, and will be available
for inspection at the UK Listing Authority's 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. Kitajima and Ms. Hatanaka Capital
Markets Division. (Tel: [phone] / Fax: [phone])


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