Announced details
This is the 11th issuance since issuances began in 2021.
The Company’s subsidiary, Okasan Securities Co., Ltd., acted as joint lead manager for the underwriting of bonds issued by the Tokyo Metropolitan Government.
Tokyo Metropolitan Government. Local government. Other information, including location, representative, capital and year established, is not disclosed.
Social bond (meeting the characteristics defined by ICMA)
Not applicable (second-party opinion provider: Rating and Investment Information, Inc. (R&I))
Issue price: ¥100 per ¥100 of face value. Interest rate: 2.030%.
The company does not address Contract Value / Impact on Business Performance.
Characteristics of social bonds defined by the International Capital Market Association (ICMA); second-party opinion issued by Rating and Investment Information, Inc. (R&I)
| Item | Details |
|---|---|
| Names of Products / Services Covered | Tokyo Metropolitan Government Public Offering Bonds (Tokyo Social Bond (5-Year)), Series 11 |
| Counterparty | Tokyo Metropolitan Government |
| Counterparty overview | Tokyo Metropolitan Government. Local government. Other information, including location, representative, capital and year established, is not disclosed. |
| Relationship with the Company | The Company’s subsidiary, Okasan Securities Co., Ltd., acted as joint lead manager for the underwriting of bonds issued by the Tokyo Metropolitan Government. |
| Offering price | Issue price: ¥100 per ¥100 of face value. Interest rate: 2.030%. |
| Launch date | 7 July 2026 (scheduled payment and issue date) |
| Applicable area | Disaster prevention measures for public facilities and infrastructure, Measures to address the aging of public facilities and infrastructure, Development of educational environments, Development of the care services infrastructure |
| Award/certification name | Social bond (meeting the characteristics defined by ICMA) |
| Awarding / certifying body | Not applicable (second-party opinion provider: Rating and Investment Information, Inc. (R&I)) |
| Usage history | This is the 11th issuance since issuances began in 2021. |
| Source | Characteristics of social bonds defined by the International Capital Market Association (ICMA); second-party opinion issued by Rating and Investment Information, Inc. (R&I) |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To support funding needed to address social issues in Tokyo and contribute to the realization of a sustainable and resilient society. The Okasan Securities Group states that it is working to address social issues and contribute to local communities through the underwriting and sale of SDG bonds and other activities.