| Free Writing Prospectus | Filed Pursuant to Rule 433(d) |
Registration Statement No. 333-182490
TERM SHEET
Dated July 23, 2013
| Issuer: | Japan Bank for International Cooperation (JBIC) | |
| Security: | 1.750% Guaranteed Bonds due July 31, 2018 (the “5-year Securities”) and 3.375% Guaranteed Bonds due July 31, 2023 (the “10-year Securities”) | |
| Ratings: | Moody’s: Aa3/stable outlook; S&P: AA–/negative outlook
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time | |
| Guarantee: | Payments of principal and interest are unconditionally and irrevocably guaranteed by Japan | |
| Ranking: | Senior unsecured | |
| Currency / Principal Amount: | 5-year Securities: US$2,500,000,000 10-year Securities: US$1,000,000,000 | |
| Denomination: | US$200,000 x US$1,000 | |
| Pricing Date: | July 23, 2013 | |
| Settlement Date: | July 31, 2013 | |
| Maturity Date: | 5-year Securities: July 31, 2018 10-year Securities: July 31, 2023 | |
| Coupon: | 5-year Securities: 1.750% (Semi-annual, 30/360) 10-year Securities: 3.375% (Semi-annual, 30/360) | |
| Interest Payment Dates: | 5-year Securities: January 31 and July 31 of each year, commencing January 31, 2014 and ending July 31, 2018 10-year Securities: January 31 and July 31 of each year, commencing January 31, 2014 and ending July 31, 2023 | |
| Redemption after the Occurrence of a Tax Event: | JBIC may redeem all, but not less than all, of the bonds in the event of certain changes relating to Japanese taxation at 100% of the principal amount thereof plus accrued interest thereon and any additional amounts JBIC is required to pay, as described in the prospectus supplement | |
| Price to Public: | 5-year Securities: 99.430% 10-year Securities: 99.874% | |
| Underwriting Discount: | 5-year Securities: 0.125% 10-year Securities: 0.175% | |
| Proceeds, before Expenses, to JBIC: | 5-year Securities: 99.305% 10-year Securities: 99.699% | |
| Benchmark U.S. Treasury: | 5-year Securities: 1.375% due June 30, 2018 10-year Securities: 1.750% due May 15, 2023 | |
| Benchmark Yield: | 5-year Securities: 1.304% 10-year Securities: 2.505% | |
| Spread: | 5-year Securities: 56.6bps 10-year Securities: 88.5bps | |
| Yield: | 5-year Securities: 1.870% 10-year Securities: 3.390% | |
| Joint Lead Managers: | Barclays Bank PLC Daiwa Capital Markets Europe Limited Deutsche Bank AG, London Branch Goldman Sachs International | |
| Format: | SEC-Registered | |
| Clearing Systems: | Euroclear and Clearstream (International global bond held at the common depositary); DTC (DTC global bond) | |
| International Global Bonds ISIN: | 5-year Securities: XS0956049604 10-year Securities: XS0956049943 | |
| International Global Bonds Common Code: | 5-year Securities: 095604960 10-year Securities: 095604994 | |
| DTC Global Bonds ISIN: | 5-year Securities: US471048AF59 10-year Securities: US471048AG33 | |
| DTC Global Bonds Common Code: | 5-year Securities: 095612822 10-year Securities: 095612865 | |
| DTC Global Bonds CUSIP: | 5-year Securities: 471048 AF5 10-year Securities: 471048 AG3 | |
| Use of Proceeds: | The net proceeds of the issue of the bonds will be used for the operations of JBIC | |
| Governing Law: | New York | |
| Listing: | Luxembourg Stock Exchange’s Euro MTF Market | |
You can access JBIC’s most recent prospectus satisfying the requirements of Section 10 of the United States Securities Act of 1933, as amended, at the following website:
http://www.sec.gov/Archives/edgar/data/1551322/000119312513296714/d563862d424b5.htm
Each purchaser of the bonds offered hereby will be deemed to have represented that it is a “Gross Recipient” as defined on page S-3 of the foregoing prospectus supplement.
JBIC has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents JBIC has filed with the SEC for more complete information about JBIC and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, JBIC, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. at 1-888-603-5847 (Toll free from the United States).
