Today, Tokyo Stock Exchange approved a USD-denominated bond with a total value of USD 1 billion (tenor: 5 years, coupon: 2.000%) from The Metropolis of Tokyo for listing on the professional-oriented TOKYO PRO-BOND Market.
The Metropolis of Tokyo has listed program information since May 11, 2015. This listing will be the second series of individual bonds listed under the program. The lead underwriters of this bond are Barclays Bank PLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities plc, Nomura International plc. The bond will be issued on May 17, 2016, with listing following on May 18, 2016. Details on the issuance conditions of the bonds can be found on the TOKYO PRO-BOND Market website.