Toyota Finance Issues Toyota Group's First Self-Arranged Digital Corporate Bond — Applications Exceed 10x Offering Amount
- The bond had a total issuance amount of 1 billion yen, rated AAA by Japan Credit Rating Agency, with an annual interest rate of 1.720% (pre-tax), a one-year term, and redemption on October 27, 2027; applications of 100,000 to 99.9 million yen (in 100,000-yen units) were accepted via lottery from August 18 to September 2 (5:00 p.m.).
- Unlike the group's first security-token bond issued through a securities firm in March 2025, this offering required no securities account — applicants used a dedicated page linked to the "TOYOTA Wallet" payment app, and holding a "TS CUBIC CARD" credit card was not required; transfer of the bond is restricted in principle.
- Purchaser perks include lottery-based prizes such as Fuji Speedway viewing tickets and test-drive experiences, plus TOYOTA Wallet balance credits tied to conditions like purchasing a Toyota or Lexus vehicle, with details to be communicated via the TOYOTA Wallet app and registered email.
