JAPAN LOCAL GOVERNMENT BOND ASSOCIATION
TOP„Overview of Local Government Bonds in Japan„Funds sources for Local Government Bonds
Funds sources for Local Government Bonds
Local Government bonds are underwritten by the following funds sources:
  • Government(Fiscal Loan and Investment Program)
  • Japan Finance Organization for Municipalities(JFM)
  • Private sector (loans from banks and other financial institutions and publicly - offered bonds)
Some Local Governments also issue bonds in overseas markets.
¡Classification according to borrowers of Local Government Bonds

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