Guarantees
JBIC issues guarantees for loans extended by private financial institutions, public bonds issued by governments and other public entities in developing countries and corporate bonds issued by overseas Japanese subsidiaries and affiliates.
Types of Guarantees
Guarantees for Corporate Bonds Issued by Overseas Japanese Subsidiaries and Affiliates
JBIC supports Japanese subsidiaries and affiliates operating overseas by providing guarantees for their corporate bond issues in their local capital markets.
![[Figure] Guarantees for Corporate Bonds Issued by Overseas Japanese Subsidiaries and Affiliates](img/figure_01.gif)
Guarantees for Overseas Syndicated Loans and Public Bonds
Loans to developing countries involve, among others, country risk such as the risk associated with currency convertibility and transfer. Guarantees issued by JBIC covering these risks will enable Japanese private financial institutions to provide medium and long-term financing for developing countries.
![[Figure] Guarantees for Overseas Syndicated Loans and Public Bonds](img/figure_02.gif)
Guarantees for Imports of Manufactured Products
JBIC provides guarantees for the borrowings made by Japanese firms to finance the import of aircraft and other manufactured products that are considered important for Japan.
![[Figure] Guarantees for Imports of Manufactured Products](img/figure_03.gif)