Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Japan Said to Plan First Inflation-Linked Bond Sale Since 2008

Jan. 28 (Bloomberg) -- Japan plans to sell its first inflation-lined bonds in almost five years after it stopped offering the securities amid a lack of demand.

The Ministry of Finance will seek to sell several hundred billion yen of inflation-linked debt in the fiscal year starting in April, according to two government officials speaking on condition of anonymity due to the government’s policy.

A majority of institutional investors said they aren’t considering buying the so-called linkers, ministry officials told reporters in Tokyo on Jan. 22 after a meeting with bond dealers. Some primary dealers, those obliged to bid at the government auctions, suggested the resumption of sales should be delayed until the second half of the fiscal year.

Barclays Capital analyst Chotaro Morita said in note today that he anticipates that the ministry will sell the debt as early as July-to-September this year.

To contact the reporter on this story: Kyoko Shimodoi in Tokyo at kshimodoi@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.