New Issue-Rabobank Nederland sells 160.3 bln yen in Samurai

TOKYO, June 4 (Reuters) - Rabobank Nederland [RABN.UL] sold
160.3 billion yen ($1.53 billion) in Samurai bonds in three
tranches on Wednesday, lead manager UBS Securities said.

The amount is the largest Samurai bond sale so far this year.

Details are as follows:

1. 3-year fixed-rate bond:

Issue amount: 15.2 billion yen

Coupon: 1.71 percent

Issue price: par

Maturity date: June 13, 2011

Coupon payments: June 13, Dec. 13

Payment date: June 13, 2008

Lead managers: UBS Securities

Daiwa Securities SMBC

Mizuho Securities

Fiscal agent: Mizuho Corporate Bank

Ratings: Aaa (Moody's)

AAA (S&P)

Spread: 35 basis points above yen swaps

2. 5-year fixed-rate bond:

Issue amount: 70.6 billion yen

Coupon: 2.01 percent

Issue price: par

Maturity date: June 13, 2013

Coupon payments: June 13, Dec. 13

Payment date: June 13, 2008

Lead managers: UBS Securities

Daiwa Securities SMBC

Mizuho Securities

Fiscal agent: Mizuho Corporate Bank

Ratings: Aaa (Moody's)

AAA (S&P)

Spread 48 basis points above yen swaps

3. 5-year floating-rate bond:

Issue amount: 74.5 billion yen

Coupon: 0.48 pct point above 3-month yen Libor

Issue price: par

Maturity date: June 13, 2013

Coupon payments: Mar 13, June 13, Sept 13, Dec. 13

Payment date: June 13, 2008

Lead managers: UBS Securities

Daiwa Securities SMBC

Mizuho Securities

Fiscal agent: Mizuho Corporate Bank

Ratings: Aaa (Moody's)

AAA (S&P)

The Samurai bonds are yen bonds issued in Japan by
non-Japanese entities.
(Reporting by Takefumi Ito and Naoyuki Katayama)