The Japan Science and Technology Agency (JST) decided to issue the 1st JST bond, the first FILP agency bond, and determined the terms of issuance.The funds raised will be used for the operation of the university fund managed by the Japan Science and Technology Agency to promote research enhancement at universities.
According to the Japan Science and Technology Agency, the issue amount is 200 billion yen.The interest rate is 0.061%, it will be issued on February 2, and will be redeemed on February 20, 2025.Nomura Securities is the lead manager, and Mizuho Securities and Mitsubishi UFJ Morgan Stanley Securities are the joint lead managers.The trustee will be Sumitomo Mitsui Banking Corporation.The Rating and Investment Center rated the company's business direction as stable, giving it an AA+ rating.
The university fund is about 10 trillion yen.Based on the 6th Science, Technology and Innovation Basic Plan, etc., it was established for the purpose of providing intensive support for "International Universities for Excellence in Research", which aim to become world-class research universities, and to utilize funds for training young researchers and promoting their activities. rice field.In the future, investment profits will be used to strengthen the research capabilities of universities and to provide financial support to excellent doctoral course students nationwide.
As Japan's international economic standing continues to decline, the subsidence of its research capabilities, such as the declining proportion of highly cited papers in the world, has become a major problem.The number of university students going on to doctoral courses is on the decline, and strengthening research capabilities in areas such as the digital and environmental sectors has emerged as a major issue for Japan to maintain its position as a developed country.
