Japanese Government Bond

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Japanese Government Bond

Any bond issued by the government of Japan. Japanese government bonds are backed by the full faith and credit of the government and are considered relatively low risk.
References in periodicals archive ?
An austerity minded combination of budget hawks within the Japanese bureaucracy, impatient advocates of structural reform provoking a sense of crisis, and bond rating agencies trying to demonstrate that this time they are ahead of the curve, have all added uncertainty to the JGB market.
During after-hours trading last Thursday, the yield on the benchmark JGB briefly surged above the 1.
Some speculate that the ministry may explore the possibility of JGB promotion campaigns in other emerging economies such as the so-called BRICs -- Brazil, Russia, India and China -- and oil-rich countries in the Middle East.
Now that the government defines fiscal 2007 as the first year of a fiscal reform which will balance out spending and revenues, some critics say the size of reduction in new JGB issuance for fiscal 2007 should equal the reduction made in the budget for the current fiscal year.
The yield on the just-auctioned inflation-indexed JGB issue finished at 1.
Tuesday's greater gap in trading just after the auction of the newest inflation-indexed JGB issue reflects expectations that the consumption tax rate would be raised by 2 or 3 percentage points from the present 5 percent, a market participant said.
But Japanese individual investors' JGB holdings are still limited to 3 percent of the total.
Under the system, the ministry will give primary dealers exclusive participation in some of its JGB operations to boost market liquidity in exchange for having them underwrite a certain portion of JGBs offered at auctions.
The gap between yields on 10-year inflation-indexed and fixed-coupon JGBs is interpreted to indicate an average annual price hike over the coming 10 years.
MANAMA: Bahrain-based JGB International has been appointed as a channel partner for Qlite, UK's products and solutions provider in Saudi Arabia and Kuwait.
Sabadell United Bank announced the successful completion of Doral-based JGB Bank s buyout, increasing its footprint in South Florida.
Global Banking News-April 21, 2014--Bank of Japan could opt for JGB purchases