Colombia launches Samurai bond with JBIC guarantee

TOKYO | Tue Nov 17, 2009 11:18pm EST

TOKYO Nov 18 (Reuters) - The Republic of Colombia said on Wednesday it has launched 45 billion yen ($504 million) in 10-year Samurai bonds with a partial guarantee from the Japan Bank for International Cooperation, via a private placement.

The Samurai bonds -- yen bonds issued in Japan by non-Japanese entities -- come with a coupon rate of 2.42 percent.

The closing date on the bonds, which were not rated by credit rating agencies, is Nov 27, 2009, Colombia's Ministry of Finance said in a statement.

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