Nikkei: Japan government to raise cap for bond issuance

From the Nikkei this morning: Japan to raise cap on front-loading issuance

• In order to take advantage of ultralow interest rates, the government will raise the cap on the amount of bonds it can issue next fiscal year for funding fiscal 2016 spending
• The cap on the so-called “front-loading” issuance will be raised by 7 trillion yen ($58.7 billion) to a record 32 trillion yen
• The money raised by front-loading is put in a special account. In case of surging interest rates, for example, the government can tap the account for its funding needs while cutting JGB issuance in order to help calm the market

More at the article, linked above

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MOAR borrowing!!!

Hey, where are all the “OMG OMG OMG we are all gonna be doomed to hyperinflation!!!!” people?

Kuroda would LOVE to hear from you. C’mon, hop to it.