The Bank provides the following services relating to JGSs.
The first is JGS issuance, for which the Bank announces public auctions, accepts bids, and collects payments.
The second is registration of JGSs and book-entry transfer of JGSs, for which the Bank acts as the registrar or depository and provides JGS transfer services.
And the third is payments of principal and interest on JGSs: the Bank pays interests on JGSs, redeems JGSs, and collects coupons and physical securities.
As with treasury funds operations, the Bank designates many branches and offices of financial institutions throughout the country as agents and entrusts them with some operations relating to JGSs.
The number of participants in the JGB Book-Entry System
August 31, 2016
|Foreign Indirect Participants||136|