Upholding traditions of strength, stability and reliability.

The article discusses the focus of the Japan Finance Organization for Municipalities (JFM) on returning to the international debt markets once the opportunity for cost efficient issuance opens. It relates how the formerly state-owned Japan Finance Corp. for Municipal Enterprises became a new entity known as the JFM. It notes that all assets and liabilities of the former JFM were transferred to the new entity including reserves of 3.4 trillion yen and a special reserve fund of 900 billion yen.