The bonds, which comprise series RIJPY0521, RIJPY0523, RIJPY0525, and RIJPY0528, have received a Baa2 rating from Moody`s, a BBB rating from Standard & Poor`s (S&P), and a BBB rating from Fitch, the Directorate General of Financing and Risk Management at the Finance Ministry said in a press statement released on Thursday.
The three-year bond series RIJPY0521, due on May 31, 2021, has a face value of 49 billion yen and a coupon of 0.67 percent.
The five-year bond series RIJPY0523, due on May 31, 2023, has a face value of 39 billion yen and a coupon of 0.92 percent.
The seven-year bond series RIJPY0525, due on May 31, 2025, has a face value of 3.5 billion and a coupon of 1.07 percent.
The 10-year bond series RIJPY0528, due on May 31, 2028, has a face value of 8.5 billion yen and a coupon of 1.27 percent.
The Samurai Bonds will be issued on May 31, 2018, with Daiwa Securities Co Ltd, Mizuho Securities Co Ltd, Nomura Securities Co Ltd, and SMBC Securities Inc. acting as joint lead arrangers.
The Samurai Bonds are the second bonds issued with a public offering format and the first bonds using a "Japanese Shelf Registration" scheme.
The Indonesian government`s commitment to issue Samurai Bonds has regularly received positive responses from Japanese investors.
Reported by Satyagraha
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