Tokyo Stock Exchange - Initial Listing Approved (TOKYO PRO-BOND Market): Mizuho Bank, Ltd. To List THB-Denominated Foreign Bond

Today, Tokyo Stock Exchange approved the application by Mizuho Bank, Ltd. for listing of a THB-denominated bond with a total value of THB 3 billion (tenor: 3 years, coupon: 2.33%) on the professional-oriented TOKYO PRO-BOND Market.

This marks the first listing of a THB-denominated bond on TOKYO PRO-BOND Market and the first issue under ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF), which is aimed at facilitating cross-border bond issuance and investment in Asia.

AMBIF is a policy initiative under the Asian Bond Markets Initiative endorsed by the finance ministries and central banks of ASEAN+3 countries. Since its proposal in September 2010, the framework has been discussed in the ASEAN+3 Bond Market Forum led by Asian Development Bank.
As a forum member, we will pursue initiatives to further the AMBIF as we contribute to the development of the Asian bond market.

Details on the issuance conditions of the bond can be found on the TOKYO PRO-BOND Market website.