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 and provide stability in the international markets, and official development assistance loans (ODAs) that provide finance for the economic and social development of developing countries”.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
