Moody’s Investors Service Inc. said Monday it has assigned a domestic currency issuer rating of Aa2 to the governmental Japan Finance Corp. for Small Business (JFS) and has placed the entity under review for a possible downgrade.
“The rating is based on Moody’s belief that the Japanese government will have a strong willingness and capacity to materially support the position of JFS’ nongovernment guaranteed long-term bond holders in a manner equivalent to that of holders of the government’s direct domestic bonds,” it said.
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