“Given their high credit worthiness and liquidity, JGBs are widely used as collateral for repo transactions by market participants in Japan and overseas, and momentum for bringing them onchain is growing,

“MUFG plans to use blockchain technology to offer faster settlement of Japanese government bond (JGB) transactions, in a move reminiscent of similar initiatives by banks in other countries.

“fuel the core businesses

“the unsecured senior bonds mature in roughly three years and carry annual interest rates of 4% to 4.3%

“The estimate depends on the preferred-share distributions and the interest-rate difference between Brazil and the U.S.

“The firms need to file properly and avoid programs that could incentivize bad behavior

“MUFG noted that financial institutions in Europe and the U.S. have expanded proof-of-concept projects to achieve this exact goal.

“Our ARO products feature conjugated double bonds analogous to 1,3-butadiene