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Investor Presentaiton

Government-Guaranteed International Bonds ■ Government-guaranteed bonds issued by DBJ, JBIC and JICA provide an opportunity for "Japan sovereign exposure" in non-JPY currencies. ■Since 1961, DBJ and its predecessors have issued over 100 Japanese Government-guaranteed bonds in the international markets. ■The bonds have been issued in Euro (Reg.S only) or Global (144A & Reg.S) formats off the GMTN program. ■Under the relevant laws, guaranteed bonds must have maturities of 5 years or longer. Government-Guaranteed International Bonds (2) USD million 3,000 Recent Public Issuances No. Issue Date Maturity Format Currency Amount Tenor (million) (yr) Coupon Primary Spread 2,700 2,500 2,000 1,900 1,800 1,750 1,800 1,650 2,000 1,500 800 750 1,000 1,000 1,100 1,000 1,000 500 1,000 1,000 900 1,000 1,095 800 700 550 0 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 ■5yr ■10yr 24 2021.10.20 2026.10.20 144A/Reg.S 25 2021.10.20 2031.10.20 144A/Reg.S 26 2022.04.28 2027.04.28 144A/Reg.S 27 2023.04.13 2028.04.13 Reg.S 10 2014.09.19 2024.09.19 Reg.S 11 2015.01.28 2020.01.28 144A/Reg.S 12 2015.09.16 2025.09.16 144A/Reg.S USD 13 2016.09.01 2021.09.01 144A/Reg.S USD 14 2016.09.01 2026.09.01 144A/Reg.S 15 2017.09.01 2022.09.01 144A/Reg.S 16 2017.09.01 2027.09.01 144A/Reg.S 17 2018.09.06 2023.09.06 144A/Reg.S 18 2018.09.06 2028.09.06 144A/Reg.S USD 19 2019.08.28 2024.08.28 144A/Reg.S USD MS+40bp 20 2019.08.28 2029.08.28 144A/Reg.S USD 1,000 10 1.875% MS+54bp USD 21 2020.08.27 2025.08.27 144A/Reg.S 700 5 22 2020.08.27 2030.08.27 144A/Reg.S USD 1,000 10 23 (1) 2021.01.28 2031.01.28 144A/Reg.S USD 1,000 10 USD 900 5 USD 1,000 10 1,000 5 1,000 5 USD USD 800 900 10 2.875% MS+23bp 455 5 3mL+24bp 1,200 10 2.750% MS+57bp 550 5 1.625% MS+55bp USD 1,100 10 1.875% MS+56bp USD 1,000 5 2.125% MS+42bp USD 800 10 2.625% MS+59bp USD 1,000 5 3.125% MS+31bp 750 10 3.250% MS+41bp 5 1.750% 0.500% 1.000% MS+28bp MS+42bp 1.250% MS+22bp 1.250% MS+14bp USD EUR 1.750% 3.250% 3.125% MS+25bp MS (3)+57bp MS+23bp (1) Issued in relation to the second supplementary budget (3) SOFR MS 36 The issue amount of each issuance has been converted to USD at the time of the issuance for the illustrative purposes DBJ
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