Yen for yield

Inflation

p31-segreti-jpg

The Japanese government inflation-linked bond (JGBi) market has faced an uphill struggle since its launch in 2004. With the country into its seventh straight year of deflation at the time - the core consumer price index (CPI) came in at -0.2% in the 2004 fiscal year - it was always going to be tough to encourage domestic investors to buy inflation-linked paper. But other issues held local investors back, including the lack of a principal guarantee on the bonds, accounting treatment that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

New investor solutions for inflationary markets

Geopolitical risks, price volatility, clashing cycles, higher interest rates – these are tough times for economies and investors. Ahead of the 2022 Societe Generale/Risk.net Derivatives and Quant Conference, Risk.net spoke to the bank’s team about some…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here