Kishida Says Caution Needed in Any Mulling of Perpetual Bonds
Fumio Kishida in parliament in Tokyo.
Photographer: Philip Fong/AFP/Getty Images
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Caution is needed if considering making some of the Bank of Japan’s bond holdings perpetual, according to Japan’s Prime Minister Fumio Kishida.
“From the perspective of stable financing and retaining trust in Japan’s fiscal policy, consideration of these ideas needs to be cautious,” said Kishida, responding to opposition party member Kohei Otsuka’s questions on the subject in parliament Wednesday.