Japan’s Ministry of Finance held information sessions in Hong Kong (May 18th) and Singapore (May 20th) to promote JGB holdings by foreign investors.
The sessions had attendance of around 40 investors and custodians in Hong Kong and 120 in Singapore. The purpose of the road show was to raise the ratio of JGB holdings by nonresidents to diversify the investor base. MOF held similar sessions in London and New York in January 2005; this was the second time for MOF to hold JGB IR sessions abroad.
The ministry may hold similar kind of IR sessions again sometime this year. The locations of the next IR sessions are not decided yet.