Reuters cite information received from two unnamed sources:
- Japan plans to issue 4.2 trillion yen ($37 billion) of 40-year government bonds in the new fiscal year
This would be a 17% increase and marks a third straight year of increases in issuance of the 40-year bonds, The Japanese government plans to cut its bond issuance overall.
More:
- 5-, 20- , 30-, and inflation-linked 10-year JGB issuance to be kept unchanged.