(1) Government Bonds and Treasury Discount Bills

Auction Date	Issue	Auction Announcement	Auction Result	Non-price -competitive Auction II
May 10, 2011	Treasury Discount Bills (6-month)(191)	Detail	Detail	―
May 10, 2011	Auction for Enhanced-liquidity	Detail	Detail Issues Re-opened	―
May 11, 2011	Treasury Discount Bills (3-month)(192)	Detail	Detail	―
May 12, 2011	10-year (314)	Detail	Detail	Detail
May 17, 2011	Treasury Discount Bills (1-year)(193)	Detail	Detail	―
May 17, 2011	40-year (4)	Detail	Detail	Detail
May 18, 2011	Treasury Discount Bills (3-month)(194)	Detail	Detail	―
May 19, 2011	Treasury Discount Bills (Approx. 2-month)(195)	Detail	Detail	―
May 19, 2011	5-year (96)	Detail	Detail	Detail
May 24, 2011	Auction for Enhanced-liquidity	Detail	Detail Issues Re-opened	―
May 25, 2011	Treasury Discount Bills (3-month)(196)	Detail	Detail	―
May 26, 2011	20-year(127)	Detail	Detail	Detail
May 30, 2011	2-year(305)	Detail	Detail	Detail

(2) Buy-back
      Buy-back Results (Apr. 2011)

(3) Borrowing

Auction Date	Borrowing Date	Issue
May 11, 2011	May 18, 2011	Borrowing of Special Account for the Allotment of Local Allocation Tax and Local Transfer Tax(Local Allocation Tax and Local Transfer Tax Allotment Account) (Approx. 6-month)
May 18, 2011	May 25, 2011
May 25, 2011	Jun. 2, 2011
May 16, 2011	May 25, 2011	Borrowing of Special Account for National Forest Service(Approx. 5-year)

[Notes]
1. The above calendar may be changed or added in light of changes in circumstances. In such cases, it will be announced in advance.
2. Each issue amount will be announced about one week prior to each auction date.
3. The issue date of Treasury Discount Bills auctioned on May 19, 2011 is May 25, 2011 and, the maturity date is July 25, 2011.