| Abstract: | On June 10, 2008, Standard&Poor's Ratings Services revised the outlook on its 'AA-' long-term local and foreign currency credit ratings on Development Bank of Japan to stable from negative, reflecting the bank's clearer prospects for getting robust support from the Japanese government (AA/Stable/A-1+). At the same time, Standard&Poor's affirmed the 'AA-' long-term rating and its 'A-1+' short-term local and foreign currency credit ratings on the bank. The outlook change is based on clearer prospects for robust government support during DBJ's long transition to privatization, which is set to occur between 2013 and 2016. The ratings on DBJ are supported by the bank's role as the governmental financial institution for extending long-term financial facilities in support of
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| Brief Excerpt: | RESEARCH Ratings Definitions Research Update: Outlook On DBJ Revised To Stable From Negative, Ratings Affirmed At '##-/A-1+' Publication date: 10-Jun-2008 Primary Credit Analyst: Takahira Ogawa, Singapore (65) 6239-6342; takahira_ogawa@standardandpoors....
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| Report Type: | Research Update
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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, Residential MBS, Sovereigns, Structured Finance, Utilities
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| Country: | Japan
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| Region: | Asia
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| Free Sample: |
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| Format: | | HTML |  |
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