Funding Operations

JFM primarily issues non-government guaranteed bonds (i.e., JFM bonds) through public offerings in order to raise funds for its lending operations. Private placements with pension funds for local government officials are also taken as a means of fund-raising.

JFM issues government-guaranteed bonds only for refinancing the existing government-guaranteed bonds of the Predecessor to facilitate the management of assets now held by JFM following its succession.

In addition to issuing bonds, JFM raises money from long-term bank loans as a supplemental source for overall funding operations.