This entity, more commonly referred to as the PBGC, would collect fees and create a guarantee fund to support insolvent pension plans and their beneficiaries.
Because of the subsidy, bonds backed by Mr Miyazawa's guarantee fund would allow Asia's governments to raise money more cheaply, and many will no doubt take him up on the offer.
But as these three banks aren't publicly traded, the Spanish government said it would give the holders of their newly created ordinary shares the option of selling them to the country's deposit guarantee fund.
Many argue the euro zone's survival now depends on rapid moves towards full political and fiscal union, with a single European banking supervisor, a common deposit guarantee fund and resolution fund, a central European treasury operation and common issuance of bonds a formidably high hurdle.
Now that the government has agreed to guarantee this fund's borrowings, the cost will then shift to the taxpayer.
Politicians are mooting a state guarantee for the fund and tax exemptions for its dividend payments.
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To date there has been no need to call on taxpayers to fund the guarantee.
They would also like to see a joint bank deposit guarantee scheme and a fund for winding down banks.
That has prompted calls for a European insurance fund which would guarantee repayment in euros.
The Pensions Bill - if passed - would set up a pension protection fund to help guarantee workers their pensions even if their employer goes bust.
And we guarantee the receipt of your fund to be successfully delivered to you within the next 24hrs after the receipt of payment has been confirmed.
In most of the 20 states that offer these plans, the guarantee depends on the state fund being able to invest the cash and produce a return equal to the increase in tuition set by the state.
The only way Greece was able to bring bond investors back to its sovereign debt late last year was in raising interest rates, with the near-guarantee that the International Monetary Fund was standing by to save investors and Greece from defaulting on its loans.
His plan includes a reserve fund providing a partial guarantee to absorb losses if housing prices continue to decline.
Also worth noting is that fund flows are no guarantee of future gains.
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The French president wants a banking union with a joint guarantee of deposits and a joint fund to pay down debt.
While this is not the same as a Federal guarantee, no state life insurance fund has ever let one of its members renege on its claims.
Even with the backing of an SBA guarantee, banks do not want to fund any loan that has unwarranted risk.
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President Obama announced in his weekly radio address Recovery Act conditional loan guarantee commitments to two solar companies to fund three major new solar projects in Arizona, Colorado and Indiana that will create thousands of new jobs.
But I guarantee you that there are a hundred hedge fund minions sniffing all over New York and Washington for clues, and that the retail investor will be the last to hear.
Unless the public can monitor a fund's behaviour, there is no guarantee public money will be invested efficiently.
Second is the security of a Lloyd's policy: all members guarantee one another's claims by paying into a central fund.
Even if we spent on infrastructure rather than war, we would still have no means to fund it, and there would still be no guarantee that the economy would grow as a result.
However, German Finance Minister Wolfgang Schaeuble said he and the International Monetary Fund had been in favour of "respecting the deposit guarantee for accounts up to 100, 000" euros.
It would be able to borrow money, with a government guarantee, either from the Bank of Japan or from the finance ministry's trust-fund bureau, which manages postal-savings money.
Instead, the EFSF will provide guarantees either to a new fund, that could lend to eurozone governments unable to borrow elsewhere, or could guarantee direct loans to such governments.
An even more market-friendly approach would be to fund these loans into an administered fund in the IMF, which would provide more flexibility for the loans, but would not guarantee that countries are willing to accept direct credit risk from recipient countries.
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