• News Release
• 2001/06/25
• Development Bank of Japan

DBJ has obtained its ratings on non-guaranty basis.

DBJ has obtained its ratings on non-guaranty basis as follows:

Aa2 from Moody's (Issuer Rating) AA from S&P (Issuer credit Rating) AAA from R&I (Preliminary Rating) AAA from JCR (Preliminary Rating)

DBJ has obtained these ratings with the intention to issue Zaito Agency Bonds - senior bonds, without government guaranty, secured by general mortgages of DBJ, in the Japanese Domestic market in the near future.

The outstanding bonds issued are not affected by these ratings since such bonds are unconditionally and irrevocably guaranteed by Japanese Government.

DBJ will continue to issue government-guaranteed bonds, as well as Zaito Agency Bonds.