u/AZlandd

I’ve been trying to purchase 10-year floating-rate Japanese Government Bonds (個人向け国債・変動10年), but I’ve run into several complications.

First, I discovered that these retail bonds generally cannot be purchased through an ordinary bank account anymore and instead require a securities account.

I then opened a securities account with Mitsubishi UFJ eSmart Securities, only to learn that they will not sell these bonds to U.S. citizens who have filed the required FATCA documentation.

Is this common across all Japanese securities firms, or are there any banks or brokerages in Japan that are willing to sell retail JGBs to U.S. citizens?