Bond-Related Information

Rating Information(Issuer rating)

The above ratings were assigned after DBJ's official request for ratings.
Please refer to the respective website of each agency for more details.

Rating Institution
Moody's Investors Service Inc.
Standard and Poor's (S&P)
R&I(Rating and Investment Information, Inc.)
JCR (Japan Credit Rating Agency, Ltd.)

Information on market-making screen

In cooperation with investment banks, the following dedicated screen was created for DBJ bonds. This screen enables us to grasp quotes for major investment banks.

Bloomberg
FILP bond portal DBJG <Go>
Ticker DBJJP <Corp> <Go>
QUICK
Guidance DBJJ100

FAQs Related to Bonds

Here, we introduce samples of bond-related questions customers have raised.

Q. What is the seniority relationship of DBJ's FILP agency bonds to other bonds?
A.

Under the Development Bank of Japan Act (the “DBJ Act"), all holders of bonds issued by the Development Bank of Japan (the "former DBJ") prior to 1 October 2008 have a preferential right (so-called general collateral) to be paid prior to other, unsecured, indebtedness, with the exception of obligations in respect of national and local taxes and subject to certain rights provided in the Civil Code of Japan, such as preferential rights of employees to wages.

Q. What is "general collateral"?
A.

Please see the answer above. General collateral is not attached to the bonds issued on or after 1 October 2008 by Development Bank of Japan Inc. ("DBJ").

Q. How long will DBJ issue government-guaranteed bonds after its privatization?
A.

Government-guaranteed bonds will be issued from time to time with the minister of finance's approval until the full-scale privatization. Any government-guaranteed bonds currently outstanding or issued before the full-scale privatization will continue to be unconditionally and irrevocably guaranteed by the Japanese government.

Q. Please provide an overview of your recent operating performance.
A.

Please visit: here

Q. Please describe your future management plans.
A.

Please visit: here

Q. Who can I contact for more detailed information?
A.

Useful information for investors will be updated on our website as needed. If you need further information, please contact the following:
Treasury Department
TEL: +81-3-3244-1820