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Debt Management Report 2021

Front cover of Debt Management Report 2021

Contents(PDF:124KB)

Preface

  1. About "Debt Management Report"(PDF:57KB)
  2. What is Debt Management Policy?(PDF:255KB)
    • Column 1. JGB Yields
    • Column 2. Demand for JGBs with negative yields

I  FY2021 Debt Management Policies

  1. Trends of JGB Market in FY2020 (PDF:242KB)
  2. JGB Issuance Plan for FY2021(PDF:711KB)
    • Column 3. Increases in FY2020 JGB Issuance and Future Outlook
    • Column 4. Front-loading Refunding Bonds to level calendar-base market issuance
  3. Diversification of JGB Investor Base(PDF:555KB)

II   Framework of Debt Management

Chapter 1 Government Bonds (JGBs)

  1. Primary Market for Government Bonds(PDF:1136KB)
    • Column 5. Debt Management Policies in Foreign Countries
  2. Secondary Market for Government Bonds(PDF:435KB)
    • Column 6. Investors in JGB futures
  3. Debt Management Systems(PDF:617KB)
    • Column 7. Debt management authorities’ business operations under COVID-19
  4. Taxation of Government Bonds(PDF:418KB)
    • Column 8. Response to digitalization of JGB-related procedures

Chapter 2 Financing Bills, Borrowings, Government-Guaranteed Debt and Subsidy Bonds

  1. Financing Bills(PDF:208KB)
  2. Borrowings(PDF:157KB)
  3. Government-Guaranteed Debt(PDF:241KB)
  4. Subsidy Bonds(PDF:152KB)

Chapter 3 Other Public Debt

  1. Local Government Bonds (LGBs)(PDF:325KB)
  2. Debt of Incorporated Administrative Agencies, etc.(PDF:155KB)

III  Appendices

Chapter 1 Government Bonds (JGBs)

  1. Primary Market for Government Bonds(PDF:296KB) [Excel](Excel:116KB)
  2. Secondary Market for Government Bonds(PDF:623KB) [Excel](Excel:38KB)
  3. Debt Management Systems(PDF:202KB) [Excel](Excel:70KB)

Chapter 2 Financing Bills, Borrowings and Government-Guaranteed Debt

  1. Financing Bills (FBs)(PDF:137KB) [Excel](Excel:58KB)
  2. Borrowings(PDF:147KB)
  3. Government-Guaranteed Debt(PDF:121KB)

Chapter 3 Other Public Debt

  1. Local Government Bonds (LGBs)(PDF:113KB) [Excel](Excel:40KB)
  2. Debt of Incorporated Administrative Agencies, etc.(PDF:119KB)

Supplement

     Fiscal Conditions and Debt Outstandings(PDF:935KB) [Excel](Excel:96KB)

     (Index)(PDF:43KB)

     Full Report(PDF:5543KB)