“The prefecture explained accepting financial organization” by public issue on next month

Oita Godo Newspaper (morning edition on September 12, 2008)

         On 11^th, the prefecture opened accepting syndicate association meeting of public issued market on October by prefectural office. It explained the prefecture’s financial condition to the financial organization. The public issued market increases local bond for financial organization’s acceptance through market.

         From the 2006 year, the prefecture publishes public issues of refund and lump sum expiration of 10 year. This year also issues 100 hundred million yen. The interest rates is decided that on the beginning of October, national bonds will refer to financial organization through conference.

         To take part in the syndicate association, it has 23 banks of inside and outside prefecture; bond companies same with last year. At the meeting, the head of financial sections explained a match of financial reformation, general settlement of account’s last year expectation to the charger who joined in. In side of Oita, 5 rich banks, the bond is sold for individual of public issues. The application is from October 8^th.

Comment:    This significant meeting focused on finance in the prefecture that was related to many banks and bond companies. It carefully considered the refund and lump sum for suitability of financial market. Also, it realized the interest rates and national bonds as they are important and essential factors in financial system.

PUNTHUCHAT Siripun

Thailand

APS3, Ritsumeikan Asia Pacific University