- Japan’s Ministry of Finance will issue two tranches of 10-year inflation-protected Japanese government bonds
- Y300bn ($3.2 bn) each in October, and also in and January
- The strength of demand for inflation-indexed bonds is seen as a good indicator of expected inflation
- Japan hasn’t had inflation-linked bonds for 5 years
- The planned issuance is very, very small, though. The Y600bn represents only 0.4% of the total government-debt issuance for the year of ¥170 trillion
Japan to Issue Bonds With Returns Linked to Inflation (The Wall Street Journal is often gated, so if you’re unable to access the article try a search of Google news using the headline)