标题:Improvement in the Market's Evaluation of
Japan's Financial System
期刊名称:Financial System Report
出版年度:2007
卷号:MAR
页码:14-14
出版社:Bank of Japan
摘要:Taken together, developments in various indicators of
financial markets indicate that the assessment of Japan's
financial system overall has continued to improve.
However, looking at different markets, some
differences emerge. For example, while the prices of
bank stocks have recently stagnated, the number of
upgrades by credit rating agencies for banks has been
exceeding the number of downgrades (Chart 20).
Moreover, banks' credit default swap (CDS) premium
has remained low, and the credit spread (between yields
on bonds issued by banks and on government bonds)
has narrowed after widening slightly around the middle
of 2006 (Chart 21).