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MGF MFS Government Markets Income Trust

3.06
-0.03 (-0.97%)
11 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
MFS Government Markets Income Trust NYSE:MGF NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.97% 3.06 3.10 3.05 3.10 53,928 01:00:00

Japan Bankers Head: Public Fund Injection Up To Banks

24/03/2009 7:07am

Dow Jones News


MFS Government Markets I... (NYSE:MGF)
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The chairman of the Japanese Bankers' Association said Tuesday that banks should decide for themselves whether to accept public funds.

"Public funds are something that banks should request on an individual basis," Seiji Sugiyama said at a regular press conference.

Last Saturday, Finance Minister Kaoru Yosano asked not only regional banks but also the nation's largest banks to accept the public funds injections that are available under new legislation designed to facilitate lending.

The Japanese Bankers Association represents Japan's commercial banks. Sugiyama is also the president of Mizuho Bank, the retail banking unit of Mizuho Financial Group Inc. (8411.TO).

-By Atsuko Fukase, Dow Jones Newswires; 813-5255-2957; atsuko.fukase@dowjones.com

 
 

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