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2022

  • Daiwa's View

    Daiwa's View

    9 December 2020 991 KB PDF
    • Economic package announced, our forecast for JGB issuance amount largely unchanged.
  • Outlook for 20Y JGB Auction

    Outlook for 20Y JGB Auction

    9 December 2020 1027 KB PDF
    • Good primary sale expected, but JL174 tap is unlikely to accelerate up.
  • Daiwa's View

    Daiwa's View

    8 December 2020 1044 KB PDF
    • We see tapering at end of tunnel.
  • Daiwa's View

    Daiwa's View

    7 December 2020 644 KB PDF
    • Details of economic package coming into view.
  • Daiwa's View

    Daiwa's View

    4 December 2020 628 KB PDF
    • Discussion of size shifting from third extra budget to economic package.
  • Daiwa's View

    Daiwa's View

    2 December 2020 635 KB PDF
    • Thoughts on downward revision to tax revenues in third extra budget.
  • Daiwa's View

    Daiwa's View

    1 December 2020 771 KB PDF
    • Where will interest rates be a year from now?
  • Daiwa's View

    Daiwa's View

    1 December 2020 687 KB PDF
    • LDP’s proposal for economic package.