The first Japanese government bonds specifically targeting individuals moved quickly on Monday, the first day investors were allowed to place orders for them at commercial banks, securities houses and post offices.

Post offices sold out of the 50 billion yen worth of bonds they were scheduled to sell, and some financial institutions also reported that orders had reached their limit, according to Vice Finance Minister Masakazu Hayashi.

"The bonds are being evaluated positively by investors," Hayashi said, "and we are grateful about that."