Sep. 02, 2022TSE Approval of Initial Listing (TOKYO PRO-BOND Market): EUR-Denominated Foreign Bond with Value of EUR 1.25 billion (Japan Finance Organization for Municipalities)
Published on 09/02/2022
at 01:51 am EDT - Modified on 09/02/2022
at 01:52 am EDT
Sep. 02, 2022 TSEApproval of Initial Listing (TOKYO PRO-BOND Market): EUR-Denominated Foreign Bond with Value of EUR 1.25 billion (Japan Finance Organization for Municipalities)
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Today, Tokyo Stock Exchange approved a EUR-denominated bond with a total value of EUR 1.25 billion (tenor: 5 years, coupon: 2.375%) from Japan Finance Organization for Municipalities for listing on the professional-oriented TOKYO PRO-BOND Market.
Japan Finance Organization for Municipalities
The organization has listed program information since February 2, 2016. The bond will be issued on September 8, 2022, with listing following on September 9, 2022. Details on the issuance conditions can be found on the TOKYO PRO-BOND Market website.
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About TOKYO PRO-BOND Market
TOKYO PRO-BOND Market was established in May 2011 as a professional-oriented bond market based on the "Professional-oriented Market Rules" introduced in an amendment to the Financial Instruments and Exchange Act in 2008. The market implements program listing, the standard form of corporate bond issuance in overseas markets, and English-only information disclosure. Program listing refers to a system where the fund-raising issuer registers the possible issuance amount, basic information, and financial information on TOKYO PRO-BOND Market as program information, following which it is able to issue bonds as needed within the estimated issuance amount. The market's highly flexible rules offer efficient bond issuance through simplified disclosure documents, and convenient formal requirements, such as acquiring a credit rating as the listing eligibility requirements for program information and individual bonds and securing a lead underwriter(s) specified by the exchange.
For more information, please refer to the TOKYO PRO-BOND Market website.
TOKYO PRO-BOND Market
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Tokyo Stock Exchange, Inc. New Listings Department
TEL:+81-3-3666-0141
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Japan Exchange Group Inc. published this content on 02 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2022 05:51:13 UTC.
Japan Exchange Group Inc is a holding company group of financial instruments exchanges, which provides everything from the listing of securities and derivatives to the provision of trading venues, clearing and settlement services, and index and information services. It operates its business through the Financial Instruments Exchange Business segment. The cash market consists mainly of the equity market. The derivatives market offers index futures, index options, government bond futures, options on government bond futures, options on securities futures, and commodity futures. Auction hours are scheduled to be during the daytime, as well as in the evening and nighttime hours. The information service distributes information such as contract prices related to securities trading and derivative transactions in real time as they occur or change and others. It also provides trading systems, self-regulatory functions, clearing and settlement, and other services.
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Sep. 02, 2022TSE Approval of Initial Listing (TOKYO PRO-BOND Market): EUR-Denominated Foreign Bond with Value of EUR 1.25 billion (Japan Finance Organization for Municipalities)
