JPY 30bn deal launched

On 13 February, NIB launched a fixed-rate Japanese yen issue totalling JPY 30 billion (EUR 257 million). The deal due 24 February 2014 pays a coupon of JPY 3 month Libor +35bp and has an issue price of par. BNP Paribas, Mizuho International and Nomura are the lead managers of the transaction.