Government debt management policies are a group of policies associated with such activities as issuing, offering, trading and redeeming JGBs, with a view that JGBs are to be widely accepted by the national economy.
Our fundamental goal of debt management policy is to achieve stable and smooth financing for our national accounts and to minimize medium-to-long term financing costs. We formulate annual JGB Issuance Plan with close consultations with the market. Also, we are conducting Cost-at-Risk (CAR) analysis as well as promoting diversification of investor basis.