Basic lack of credit information on customers, largely because there is no uniform way to identify customers, has held back the development of credit bureaus and hampered customer credit assessment at banks, increasing the stock of bad debt in the system. 3.
The current condition in the auction of Japanese government securities remains stable even after the recent Great East Japan Earthquake. Still, taking account of the deteriorated fiscal condition in Japan, it is of utmost importance to maintain the current stable condition in the primary government securities market.