TOKYO -- Japan's Ministry of Finance plans to designate 12 brokerages to help find overseas buyers for Japanese government bonds, as the Bank of Japan prepares to scale back its massive purchasing program, Nikkei has learned.
The list of domestic and foreign brokerages, to be released soon, is expected to include SMBC Nikko Securities and Mizuho Securities. In partnership with the ministry, they will work on investor outreach activities including visits and seminars.
