Record issuance in the past few years has resulted in the Japanese Government Bond market now ranking as second only to the US Treasury sector, with a significant weighting in all major bond indices.
Our JGB Trading team works closely with their colleagues in Daiwa Securities SMBC Co. Ltd. in Tokyo, whose long experience and deep insight of the market has allowed them to maintain an enviable position as one of the largest JGB houses in Japan. As evidence of this we now rank second out of 90 major houses in terms of our share of underwriting JGBs under auction.