Win 21st Century

#JapanMOFStudyGroupOnTokenizedGovtBonds Objective: The group will evaluate the core benefits, technical costs, and broader market impacts of transitioning JGB transactions to an on-chain environment. A primary goal is shifting from the traditional next-business-day (T+1) settlement framework to continuous, instantaneous (T+0) processing. This transition would allow JGB to be used immediately as digital collateral in repo transactions. [1, 2, 3] Composition: The study group features five core members, including academic researchers from the University of Tokyo and Waseda University, alongside private-sector financial strategists. The Bank of Japan (BOJ) and the Financial Services Agency (FSA) are participating as official observers. [1, 2] Schedule: The inaugural meeting is scheduled for October 8, 2026. While the sessions will be closed to the public, meeting minutes and supporting materials will be released later. The MoF aims to compile the findings and discussion results between December 2026 and January 2027. [1, 2] $FSM.US $FIL $HEI