Government-sponsored enterprises are a large part of Japan's bond market and play an important role in the country's economy. They include:
Japan Bank for International Cooperation (JBIC)
Founded by the merger in 1999 of the Export-Import Bank of Japan and the Overseas Economic Cooperation Fund, JBIC is a government-sponsored financial institution with a mandate to provide policy-based finance to support Japan's external policies and economic cooperation.
"JBIC has two core areas of operations", says Shinichi Ota, director, capital markets division, "international finance operations, which focuses on loans to promote Japanese exports and imports...
