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Feb. 13, 2020 TSE First green bond posts information on the TOKYO PRO-BOND Market's Green/Social Bonds Information Platform

 

An EUR-denominated green bond with a total value of EUR 500 million (tenor: 7 years, coupon: 0.050%) from the Japan Finance Organization for Municipalities was listed today on Japan Exchange Group's (JPX) professional-oriented TOKYO PRO-BOND Market.

Today's listing becomes the first green bond to have its information posted on JPX's "Green/Social Bonds Information Platform".

Funds raised through the bond will be used to finance sewerage projects run by local governments. The bond has received an independent opinion from a third party confirming that it is aligned with the International Capital Markets Association (ICMA) Green Bond Principles and contributes to sustainability.

Details on the Green and Social Bonds platform can be found on the TOKYO PRO-BOND Market website.

Green and Social Bonds platform

About TOKYO PRO-BOND Market

TOKYO PRO-BOND Market was established in May 2011 as a professional-oriented bond market based on the "Professional-oriented Market Rules" introduced in an amendment to the Financial Instruments and Exchange Act in 2008. The market implements program listing, the standard form of corporate bond issuance in overseas markets, and English-only information disclosure. Program listing refers to a system where the fund-raising issuer registers the possible issuance amount, basic information, and financial information on TOKYO PRO-BOND Market as program information, following which it is able to issue bonds as needed within the estimated issuance amount. The market's highly flexible rules offer efficient bond issuance through simplified disclosure documents, and convenient formal requirements, such as acquiring a credit rating as the listing eligibility requirements for program information and individual bonds and securing a lead underwriter(s) specified by the exchange.

For more information, please refer to the TOKYO PRO-BOND Market website.

TOKYO PRO-BOND Market

Contact

Tokyo Stock Exchange, Inc.　New Listings Department
TEL:+81-3-3666-0141


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