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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