| Abstract: | SINGAPORE (Standard&Poor's) July 25, 2008--Standard&Poor's Ratings Services today assigned its 'AA-' senior unsecured long-term local currency debt ratings to the Development Bank of Japan's (DBJ; AA-/Stable/A-1+) nonguaranteed zaito agency bonds--Series 50, ¥50 billion 1.41% due June 20, 2013, and Series 51, ¥30 billion 1.84% due June 20, 2018. "The issuer credit ratings on DBJ are based on the bank's role as the governmental financial institution for extending long-term financial facilities in support of projects with high public-policy content, such as technology promotion, environmental conservation, and regional development," said Standard&Poor's credit analyst Takahira Ogawa. The ratings incorporate the support that DBJ receives from the government of Japan (AA/Stable/A-1+), including capital injections, low-cost funding from the
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| Brief Excerpt: | RESEARCH Ratings Definitions Development Bank of Japan's Zaito Agency Bonds Rated '##-' Publication date: 25-Jul-2008 Primary Credit Analyst: Takahira Ogawa, Singapore (65) 6239-6342; takahira_ogawa@standardandpoors.com Secondary...
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| Report Type: | Ratings Action
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| Ticker: | DBJZ@JP
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| Issuer: | Development Bank of Japan
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| GICS: | Regional Banks (40101015)
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| Sector: | Asset-Backed Securities, Collateralized Debt Obligations, Corporations, Global Issuers, International Public Finance, Sovereigns, Structured Finance, Utilities
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| Country: | Japan
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| Region: | Asia
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