Apr 29, 2014

Finance to set up JGB division dedicated to overseas sales

The Finance Ministry will launch a division in July dedicated to promoting sales of Japanese government bonds overseas because the amount of outstanding bonds is building, ministry officials said Tuesday. The new division will pitch the stability of JGBs to major foreign investors such ...

Feb 10, 2014

Debt soars to record over double 2012 GDP

The government’s debt stood at ¥1.0179 quadrillion at the end of December, breaking its previous record of ¥1.0112 quadrillion set just three months earlier, the Finance Ministry said Monday. After spending three consecutive quarters above the ominous ¥1 quadrillion line, the ministry projected that ...