Ministerial Ordinance on Issuance of National Government Bond for Delivery to Deposit Insurance Corporation(Ordinance of the Ministry of Finance No. 6 of 1998)
Last Version: Cabinet Order No. 55 of 2000
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  • 平成27年7月8日
    • 最終更新:平成十二年政令第五十五号
    • 翻訳日:平成22年12月16日
    • 辞書バージョン:5.0

Ministerial Ordinance on Issuance of National Government Bond for Delivery to Deposit Insurance Corporation
Ordinance of the Ministry of Finance No. 6 of February 18, 1998
The Ministerial Ordinance on Issuance of National Government Bond for Delivery to Deposit Insurance Corporation is established as follows based on Article 1, paragraphs (1) and (2) of the Act on National Government Bond (Act No. 34 of 1906), Article 19-4, paragraph (5) of the Supplementary Provisions of the Deposit Insurance Act (Act No. 34 of 1971), and Article 31, paragraph (5) of the Act on Emergency Measures for the Stabilization of Financial Functions (Act No. 5 of 1998).
(Name of National Government Bond)
Article 1The national government bond issued pursuant to the provisions of Article 19-4, paragraph (1) of the Supplementary Provisions of the Deposit Insurance Act shall be national treasury bonds for the Deposit Insurance Corporation fund for specially permitted business (hereinafter referred to as "National Government Bond").
(Exclusion from Application)
Article 2The provisions of the National Government Bond Ordinance (Ordinance of the Ministry of Finance No. 31 of 1922) shall not apply to the National Government Bond.
(Handling Office)
Article 3The head office of the Bank of Japan is to handle affairs relating to the National Government Bond.
(Face Value)
Article 4The face value of the National Government Bond certificate and the total amount thereof shall be an amount of no more than thirteen trillion yen.
(Split and Consolidation)
Article 5(1)If requested by the Deposit Insurance Corporation (hereinafter referred to as the "Corporation"), the government must split or consolidate the face value of the National Government Bond certificate in accordance with such request.
(2)If the National Government Bond certificate is split or consolidated under the preceding paragraph, the face value thereof shall be the amount resulting from such split or consolidation.
(Request for Registration)
Article 6If the Corporation intends to request registration of the National Government Bond, the Corporation must submit a document stating the following matters to the handling office, attaching the National Government Bond certificate:
(i)Name of National Government Bond;
(ii)Face value, mark, and number of the National Government Bond certificate;
(iii)Registered amount;
(iv)Holder to be registered; and
(v)Date of request.
(Registration of Creation of Pledge for Registered National Government Bond)
Article 7If the Corporation intends to request the Bank of Japan to register the creation of pledge with regard to a registered National Government Bond, the Corporation must submit a document stating the following matters to the handling office:
(i)Name of the National Government Bond and the registered amount that is the subject matter of a pledge;
(ii)Mark and number of the registered National Government Bond;
(iii)Registered holder;
(iv)The amount of claims and due date of payment, if any; and
(v)The date of request.
(Change, etc., of Registration of Pledge)
Article 8The provisions of the preceding Article shall apply mutatis mutandis to cases where a request is made for change or cancellation of registration of pledge with regard to a registered National Government Bond.
(Procedures for Redemption)
Article 9If the government is to redeem the National Government Bond in the amount requested by the Corporation, the government must credit such amount to an account held by the Corporation at the Bank of Japan.
(Measures in Case of Request for Partial Redemption)
Article 10If the government has redeemed the requested amount upon the Corporation's request of a partial redemption of the face value or registered amount of the National Government Bond, the government must, in the case of a National Government Bond certificate, deliver to the Corporation, in exchange of said National Government Bond certificate, a new National Government Bond certificate with a face value in an amount obtained by deducting said redeemed amount from said face value of the National Government Bond, and in the case of a registered National Government Bond, reduce the registered amount by said redeemed amount.