Japan’s bond issuance to exceed US$1.9 trillion this year


TOKYO: Japan’s government is said to have increased the amount of bonds 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 more than 200 trillion yen (US$1.9 trillion) in fiscal 2020, according to a person familiar with the matter. That’s versus 152.8 trillion yen estimated by the Finance Ministry on April 20.

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Japa , bonds , fund , economic stimulus ,

   

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