OREANDA-NEWS. Fitch Ratings says the 'A-' rating on Nomura Bank International plc's (NBI) programme for the issuance of guaranteed senior unsecured notes is not affected by the increase in the programme limit to USD5.0bn from USD4.5bn. The programme was rated by Fitch on 17 March 2014 (see the rating action commentary "Fitch Rates Nomura Bank International's Guaranteed Note Programme 'A-'") and the limit was raised on 11 September 2015.

The rating applies only to notes guaranteed by Nomura Holdings, Inc. (NHI, A-/Stable). The rating does not cover unguaranteed notes and other instruments issued under the programme.

UK-based NBI is a wholly owned subsidiary of Nomura Europe Holdings plc, which in turn is a wholly owned subsidiary of NHI. NBI is primarily engaged in supporting the global wholesale business function of Nomura, the largest securities group in Japan.