Results of open bidding for borrowing interest rates

Date: October 31, 2018

The results of the open bidding for DICJ’s borrowing interest rates on October 31, 2018 are as follows:

-  Financial Revitalization Account with government guarantee

1. Total amount of bids ¥352.5 billion  (bid-to-cover ratio 8.39)
2. Amount of successful bids ¥42.0 billion  
3. Average interest rate of successful bids 0.000% p.a.  
4. Highest interest rate of successful bids 0.000% p.a.  
5. Apportionment of successful bids at the highest interest 13.614%  

(Remarks)

1. Term: November 9, 2018 – October 11, 2019 (11 months)
2. Offer amount: \42.0 billion

 

Date of bid Account Government guarantee Date of borrowing Repayment date Term Amount of bid
(¥billion)
Bids tendered
(¥billion)
Bid-to-cover ratio Successful bids
(¥billion)
Average interest rate of successful bids (%)
10/30/17 Revitalization Yes 11/10/17 11/09/18 12 months 64.0 469.0 7.33 64.0 0.000
11/15/17 Financial Functions Strengthening Yes 11/24/17 11/22/18 12 months 58.5 463.5 7.92 58.5 0.000
12/14/17 Financial Functions Strengthening Yes 12/22/17 11/22/18 11 months 9.5 60.0 6.32 9.5 0.000
01/10/18 Revitalization Yes 01/22/18 01/22/19 12 months 59.0 468.7 7.94 59.0 0.000
05/29/18 Revitalization Yes 06/08/18 06/07/19 12 months 80.0 626.0 7.83 80.0 0.000
07/25/18 Financial Functions Strengthening Yes 08/02/18 08/02/19 12 months 56.0 560.5 10.01 56.0 0.000
10/31/18 Revitalization Yes 11/09/18 10/11/19 11 months 42.0 352.5 8.39 42.0 0.000

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