(Bloomberg) -- Japan will probably cut bond sales
next fiscal year after a reduction in refinancing allowed the
nation to cut issuance by a record this year, said Chikahisa
Sumi, a finance ministry official.
The ministry, which manages the world's biggest government
bond market, in December said it would cut issuance, including
debt for refinancing and new revenue, by 13 percent to 143.8
trillion yen ($1.17 trillion) in the fiscal year started April 1.
Sumi declined to comment on the size of next year's reduction.
Read more at Bloomberg Bonds News
next fiscal year after a reduction in refinancing allowed the
nation to cut issuance by a record this year, said Chikahisa
Sumi, a finance ministry official.
The ministry, which manages the world's biggest government
bond market, in December said it would cut issuance, including
debt for refinancing and new revenue, by 13 percent to 143.8
trillion yen ($1.17 trillion) in the fiscal year started April 1.
Sumi declined to comment on the size of next year's reduction.
Read more at Bloomberg Bonds News
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