# EDGAR Filing Document

**Accession Number:** 0001551322
**File Stem:** 0001193125-26-282206
**Filing Date:** 2026-6
**Character Count:** 11070
**Document Hash:** 75e94cef2c60dd0713b71009b4221b11
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-282206.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001193125-26-282206

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Japan Bank for International Cooperation
- **CENTRAL INDEX KEY:** 0001551322
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **ORGANIZATION NAME:** International Corp Fin
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M0

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-250107
- **FILM NUMBER:** 261119337

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4-1 Otemachi 1-chome
- **STREET 2:** Chiyoda-ku
- **CITY:** Tokyo
- **PROVINCE COUNTRY:** M0
- **BUSINESS PHONE:** 000-000-0000

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4-1 Otemachi 1-chome
- **STREET 2:** Chiyoda-ku
- **CITY:** Tokyo
- **PROVINCE COUNTRY:** M0
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Japan Bank for International Cooperation
- **CENTRAL INDEX KEY:** 0001551322
- **STANDARD INDUSTRIAL CLASSIFICATION:** FOREIGN GOVERNMENTS [8888]
- **ORGANIZATION NAME:** International Corp Fin
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M0

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4-1 Otemachi 1-chome
- **STREET 2:** Chiyoda-ku
- **CITY:** Tokyo
- **PROVINCE COUNTRY:** M0
- **BUSINESS PHONE:** 000-000-0000

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 4-1 Otemachi 1-chome
- **STREET 2:** Chiyoda-ku
- **CITY:** Tokyo
- **PROVINCE COUNTRY:** M0

**Filed Pursuant to Rule 433(d)<br>Registration Statement No. 333-250107** 

Free Writing Prospectus

TERM SHEET

Dated June 25, 2026

U.S.$1,500,000,000 4.625% Guaranteed Bonds Due July 2, 2036 ("Securities")

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| | |
|:---|:---|
| Issuer: | Japan Bank for International Cooperation (JBIC) |
| Security: | 4.625% Guaranteed Bonds Due July 2, 2036 |
| Expected Ratings: | Moody's: A1/stable outlook; S&P: A+/stable outlook |
|  | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction or withdrawal at any time |
| Guarantee: | Payments of principal and interest are unconditionally and irrevocably guaranteed by Japan |
| Ranking: | Senior unsecured |
| Currency / Principal Amount: | U.S.$1,500,000,000 |
| Denomination: | U.S.$200,000 x U.S.$2,000 |
| Pricing Date: | June 25, 2026 |
| Settlement Date: | July 2, 2026 |
| Maturity Date: | July 2, 2036 |
| Coupon: | 4.625% per annum (Semi-annually, 30/360) |
| Interest Payment Dates: | January 2 and July 2 of each year, subject to the Business Day Convention, commencing January 2, 2027 and ending July 2, 2036. |
| Business Day: | Any day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealings in foreign exchange and foreign currency deposits) in: (a) the relevant place of payment and (b) The City of New York, London and Tokyo. |
| Business Day Convention: | Following Business Day Convention, unadjusted |
| Redemption after the Occurrence of a Tax Event: | JBIC may redeem all, but not less than all, of the Securities in the event of certain changes relating to Japanese taxation law at 100% of the principal amount thereof plus accrued interest thereon and any additional amounts JBIC is required to pay, as described in the prospectus supplement. |
| Price to Public: | 99.834%, plus accrued interest, if any, from July 2, 2026 |
| Underwriting Discount: | 0.175% |
| Proceeds, before Expenses, to JBIC: | 99.659%, plus accrued interest, if any, from July 2, 2026 |

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| | |
|:---|:---|
| Benchmark U.S. Treasury: | 4.375% due May 15, 2036 |
| Benchmark Yield: | 4.386% |
| Spread: | 26.0bps |
| Yield to Investors: | 4.646% |
| Joint Lead Managers: | Barclays Bank PLC |
|  | Daiwa Capital Markets Europe Limited |
|  | Goldman Sachs International |
|  | Nomura International plc |
| Format: | SEC-Registered |
| Clearing Systems: | Euroclear and Clearstream (international global bond held at the common depositary); DTC (DTC global bond) |
| International Global Bond ISIN: | XS3415287476 |
| International Global Bond Common Code: | 341528747 |
| DTC Global Bond ISIN: | US471048DE57 |
| DTC Global Bond Common Code: | 342571956 |
| DTC Global Bond CUSIP No.: | 471048 DE5 |
| Use of Proceeds: | The net proceeds of the issue of the Securities will be used for the Ordinary Operations of JBIC. |
| Governing Law: | The State of New York |
| Listing: | Luxembourg Stock Exchange's Euro MTF Market |

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**This communication is intended to be used solely by the person to whom it is provided by us.** 

**You can access JBIC's most recent prospectus satisfying the requirements of Section 10 of the United States Securities Act of 1933, as amended, at the following website:** 

https://www.sec.gov/Archives/edgar/data/1551322/000119312526280180/d106829d424b5.htm

**Each purchaser of the Securities offered hereby will be deemed to have represented that it is a person who falls into the category of (i) or (ii) as set forth on page S-3 of the foregoing prospectus supplement.** 

**JBIC has filed a registration statement (including a prospectus) with the United States Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents JBIC has filed with the SEC for more complete information about JBIC and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, JBIC, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Bank PLC, toll free from the United States at +1 (888) 603 5847, Daiwa Capital Markets Europe Limited toll free at +44-20-7597-8000, Goldman Sachs International toll free from the United States at +1 (800) 294-1322 or Nomura International plc at +44-20-7103-9026.** 

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**UK MiFIR product governance / Professional investors and ECPs only target market – Solely for the purposes of each manufacturer's product approval process, the target market assessment in respect of the Securities has led to the conclusion that: (i) the target market for the Securities is only eligible counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook, and professional clients, as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the "EUWA") ("UK MiFIR"); and (ii) all channels for distribution of the Securities to eligible counterparties and professional clients are appropriate. Any person subsequently offering, selling or recommending the Securities (a "distributor") should take into consideration the manufacturers' target market assessment; however, a distributor subject to the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK MiFIR Product Governance Rules") is responsible for undertaking its own target market assessment in respect of the Securities (by either adopting or refining the manufacturers' target market assessment) and determining appropriate distribution channels.** 

**The Securities are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area (the "EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended or superseded, the "IDD"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended or superseded, the "Prospectus Regulation"). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended or superseded, the "PRIIPs Regulation") for offering or selling the Securities or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Securities or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.** 

**The Securities are not intended to be offered, sold, distributed or otherwise made available to and should not be offered, sold, distributed or otherwise made available to any retail investor in the United Kingdom. For these purposes, a retail investor means a person who is either one (or both) of the following: (i) not a professional client as defined in point (8) of Article 2(1) of UK MiFIR; or (ii) not a qualified investor as defined in paragraph 15 of Schedule 1 to the Public Offers and Admission to Trading Regulations 2024. Consequently, no disclosure document required by the FCA Product Disclosure Sourcebook ("DISC") for offering, selling or distributing the Securities or otherwise making them available to retail investors in the United Kingdom has been prepared and therefore offering, selling or distributing the Securities or otherwise making them available to any retail investor in the United Kingdom may be unlawful under DISC and the Consumer Composite Investments (Designated Activities) Regulations 2024.** 

**Further, in the United Kingdom, this document is being distributed only to and is directed only at qualified investors (as defined in paragraph 15 of Schedule 1 to the Public Offers and Admission to Trading Regulations 2024 who (i) have professional experience in matters relating to investments who fall within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended or superseded, the "FPO"), or (ii) are high net worth entities or other persons who fall within Article 49(2)(a) to (d) of the FPO, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000, as amended) in connection with the issue or sale of any Securities may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. The Securities to which this document relates are available only to, and any agreement to acquire such Securities, will be made only with, relevant persons. Any other person who is not a relevant person should not act or rely on this document or any of its contents.** 

**Stabilization: FCA/ICMA.**