CHRONOLOGY

1997

Hokutaku failure LGB market concerns 1998 and Sapporo City makes an IR presentation in Tokyo 1999

 

GLOSSARY

kissai seigen

LGB issue restriction

certain LGB issues not being permitted as part of a MoPM monitoring system

chihosai

Local Government Bonds LGBs

as chihosai ryudoka taisaku measures for improving LGB liquidity

doi

agreed

as doi fudoi agreed and not agreed for LGB issues under MoPM reform

fudoi

non agreed

as doi/fudoi agreed/non agreed LGB issues under MoPM legal provisions

Pfandbriefe

German style covered bonds

at one point attracted attention as a legal framework for the LGB market

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