Government issue

Government issue


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Japanese fiscal loan deal on the horizon

Japan's Ministry of Finance is set to launch by end-February the first deal in what could be a ¥2trn programme securitising loans made to government-related entities (GREs) under the country's Fiscal Investment and Loan Programme. Issued via the FILP Master Trust vehicle, the CLO will be led by Daiwa SMBC, Mitsubishi UFJ and Nikko Citi.

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