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S&P gives Development Bank of Japan bonds A+
Standard & Poor's said it assigned its A+ debt ratings to the 45th and 46th series of unsecured straight bonds issues by Development Bank of Japan Inc. (DBJ; A+/Negative/A-1).
S&P said the ratings on DBJ reflect its status as a government-related entity and a financial institution that is 100% owned by the government, as well as the assessment of its stand-alone credit profile (SACP), which excludes the factor of government support in a time of need.
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