NTT DoCoMo Inc., Japan's dominant mobile phone service provider, said Wednesday it will raise 70 billion yen with 1.64 percent coupon, 10-year domestic bonds.

The bonds will be issued at 99.93 yen against a face value of 100 yen, yielding 1.648 percent to subscribers, NTT DoCoMo said. Payment is due Feb. 25, it said.

NTT DoCoMo, a unit of Nippon Telegraph and Telephone Corp., last issued 10-year domestic bonds in October 2001, raising 100 billion yen.