The Finance Ministry kicked off its first official sales campaign for Japanese government bonds Monday in the petrodollar-rich Middle East with a seminar in the Qatari capital of Doha.
The ministry also plans seminars in Kuwait, Saudi Arabia and the United Arab Emirates as part of efforts to stabilize the JGB market by diversifying its customer base to make it more international.
The ministry held six JGB briefings in Europe, the United States and Asia in 2005 and 2006 to solicit foreign buyers.