JAPAN: Bank of Japan Shortens JGB Settlement Cycle to T+1

Thursday April 5 2018

On 4^th April 2018, the Bank of Japan shortened the settlement cycle for trades in Japanese government bonds (JGB) and treasury discount bills (T-Bills) from two business days (T+2) to one business day (T+1), it will also change its operation timetable in accordance with this change.

These changes will be applied to operations commencing on 1^st May 2018.

For additional information please click the link above.