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Japan Housing Finance Agency Series 156 To 159 Bond Issuances Rated 'AA-'

Published Apr 28, 2015

3 pages (970 words) — Published Apr 28, 2015

Price US$ 150.00 | Buy this Report Now

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Abstract:

TOKYO (Standard&Poor's) April 28, 2015--Standard&Poor's Ratings Services today said that it has assigned its 'AA-' local-currency long-term debt ratings to the following general secured bond issuances by Japan Housing Finance Agency (JHF; AA-/Negative/A-1+): ¥5 billion, 0.187%, series 156, due May 20, 2022; ¥20 billion, 0.411%, series 157, due May 20, 2025; ¥10 billion, 0.547%, series 158, due May 20, 2027; and ¥20 billion, 1.125%, series 159, due May 18, 2035. The ratings on the bonds are the same as our long-term counterparty rating on JHF, given our current rating on the agency and the issuance terms and conditions of the bonds. RELATED CRITERIA AND RESEARCH Related Criteria General Criteria: Rating Government-Related Entities: Methodology And Assumptions, March

Brief Excerpt:

...TOKYO (Standard & Poor's) April 28, 2015--Standard & Poor's Ratings Services today said that it has assigned its '##-' local-currency long-term debt ratings to the following general secured bond issuances by Japan Housing Finance Agency (JHF; ##-/Negative/A-1+): Ñ5 billion, 0.187%, series 156, due May 20, 2022; Ñ20 billion, 0.411%, series 157, due May 20, 2025; Ñ10 billion, 0.547%, series 158, due May 20, 2027; and Ñ20 billion, 1.125%, series 159, due May 18, 2035. The ratings on the bonds are the same as our long-term counterparty rating on JHF, given our current rating on the agency and the issuance terms and conditions of the bonds. RELATED CRITERIA AND RESEARCH Related Criteria + General Criteria: Rating Government-Related Entities: Methodology And Assumptions, March 25, 2015 A Japanese-language version of this media release is available on Standard & Poor's Research Online at www.researchonline.jp, or via CreditWire Japan on Bloomberg Professional at SPCJ

Report Type:

Ratings Action

Ticker

JHLCZ@JP

Issuer

Japan Housing Finance Agency

GICS

Thrifts & Mortgage Finance (40102010)

Sector

Global Issuers, Structured Finance

Country

Japan

Region

Asia

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Japan Housing Finance Agency Series 156 To 159 Bond Issuances Rated 'AA-'" Apr 28, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Japan-Housing-Finance-Agency-Series-156-To-159-Bond-Issuances-Rated-AA-1395859>

APA:	S&P Global Ratings’ Credit Research. (). Japan Housing Finance Agency Series 156 To 159 Bond Issuances Rated 'AA-' Apr 28, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Japan-Housing-Finance-Agency-Series-156-To-159-Bond-Issuances-Rated-AA-1395859>

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