Ceremony to celebrate the listing of TMG foreign-currency bonds on the TOKYO PRO-BOND Market

On Wednesday, May 20, Governor Masuzoe attended an event to celebrate the listing of Tokyo Metropolitan Government foreign-currency municipal bonds on the TOKYO PRO-BOND Market of the Tokyo Stock Exchange.

During the event, the governor said, “Last year, we announced the Initiatives for the Tokyo Global Financial Center, and we are now beginning the work to restore Tokyo to its position as a global financial center through nationwide efforts. The Tokyo Global Financial Center concept includes a broad range of measures, one of which is dual listing of Tokyo Metropolitan Government foreign-currency bonds on the TOKYO PRO-BOND Market. We anticipate that this bond issue will serve as an opportunity to galvanize the TOKYO PRO-BOND Market as a market that satisfies a range of domestic and foreign needs, and help Tokyo to grow into a center of financing and investment. As we work toward realizing our Tokyo Global Financial Center vision, your continued cooperation in our efforts to make Tokyo the world’s best city would be greatly appreciated.”

Operated by Tokyo Stock Exchange, Inc., the TOKYO PRO-BOND Market is a bond market for institutional investors and other professional investors. It allows issuers to provide disclosure in a simple and flexible way; issuers can, for example, prepare documents in English. This market is expected to make it easier, particularly for overseas issuers and investors, to access the Japanese financial market.