Japan’s Bond Issuance to Exceed 200 Trillion Yen This Year

  • Bulk of the latest rise covers 6-month bills, 1-5 year notes
  • Market is expecting the BOJ to buy more bonds: Nissay Asset
Lock
This article is for subscribers only.

Japan’s government increased the amount of debt it plans to issue this fiscal year for the third time in under two months, seeking to fund its unprecedented economic stimulus.

Issuance will surge to 212.3 trillion yen ($2 trillion) in fiscal 2020, according to a plan released by the Ministry of Finance on Wednesday. That’s versus 152.8 trillion yen estimated on April 20.