Investor Presentaiton
Non-Guaranteed Domestic Bonds
■DBJ is one of the largest bond issuers in the domestic bond market.
■DBJ regularly issues non-guaranteed domestic bonds every quarter (January, April, July, and October); mainly in 3yr, 5yr and
10yr.
■In addition, DBJ issues in other maturities both in public benchmark and private placement formats based on investors'
appetite and market conditions.
Issuance of Non-Guaranteed Domestic Bonds
Recent Public Issuances
JPY billion
135
140
10
120
115
120
110
10
20
2022
Q2
10
100 10
100
5
100
10
90
90
90
90
30 10
5
85
35
2022
10
80
60
75
75
Q3
10
40
35
30
30
30
30
30
30 60
60
2022
25 25
40
Q4
60
30
30
20
20
20
30
30 30 30
30
30
20
2023
20
20
40
20
25
20
25
Q1
45
20
20
20
20
30
30
30
30
20
0
FY2020 Q1
ඊට
Q3
Q4
FY2021 Q1
Q2
Q3
(1) Issue Price: 100.003
(2) Sustainability Bond
Q4
FY2022 Q1
Q2
2yr 3yr 5yr 7yr 10yr 15yr 20yr 25yr 30yr 40yr ■50yr
20
20
30
40 20
40
30
30
30
25
2023
20
10
Q3
Q4
FY2023 Q1
10
Q2
2023
Q3
Pricing
No.
Date
158 2022.07.08 2025.09.19 JPY
159 2022.07.08 2027.09.17 JPY
160 2022.07.08 2032.07.15 JPY
161 2022.07.08 2042.07.15 JPY
162(2) 2022.08.05 2024.08.15
163 2022.10.07 2025.12.19 JPY
164 2022.10.07 2027.12.20 JPY
165 2022.10.07 2032.10.14
166 2023.01.13 2026.01.19
167 2023.01.13 2028.01.19
168 2023.01.13 2033.01.19
169 2023.04.07 2026.04.14 JPY
170 2023.04.07 2028.04.14 JPY
171 2023.04.07 2033.04.14 JPY
JPY
172 2023.07.07 2026.07.14
173 2023.07.07 2028.07.14
174 2023.07.07 2033.07.14
175 2023.07.07 2043.07.14
176(2) 2023.08.04 2025.08.14
177 2023.10.06 2026.10.16 JPY
178 2023.10.06 2028.10.16 JPY
179 2023.10.06 2033.10.14 JPY
Maturity Currency
Amount Tenor
(billion) (yr)
Primary
Coupon
30
30
10
JPY
10
30
JPY
25
JPY
25
JPY
25
JPY
25
30
30
JPY
JPY
JPY
JPY
2222222222220
3
5
Spread
0.055% JGB+11.0bp
0.150% JGB+10.0bp
10
0.389% JGB+14.0bp
20
0.930%
JGB+1.5bp
2
0.001%
3
0.066% JGB+11.0bp
5
0.180% JGB+10.0bp
10
0.469% JGB+22.0bp
3 0.220% JGB+12.0bp
50
0.527% JGB+15.0bp
10
0.854% JGB+32.0bp
3 0.100% JGB+13.2bp
30
5 0.349% JGB+17.5bp
10 0.785% JGB+32.0bp
30
3
0.091% JGB+13.6bp
30
5
0.245% JGB+14.5bp
35
10
10
20
10
40
30
2350
0.649% JGB+21.0bp
1.111% JGB+8.5bp
0.105% JGB+10.5bp
0.230% JGB+12.0bp
0.433% JGB+10.5bp
10 0.895% JGB+9.5bp
41
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