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2024

2023

  • Japan Credit

    Japan Credit

    3 July 2023 620 KB PDF
    • JGB market focus on Y12tn reduction in new JGBs rather than fiscal surplus
    • Bloomberg reports FY22 general account settlement includes Y12tn reduction in new JGBs; apparently allowed MOF to issue reasonable amount of front-loaded JGBs
    • Room for increased utilization of front-loaded JGBs in FY23 supplementary budget expected to curb calendar-based JGB market issuance