TOKYO -- Japanese government bond purchases by individuals rose 32% to 4.49 trillion yen ($30 billion) in fiscal 2024, as people sought to take advantage of the Bank of Japan's policy shift to raising rates.
Individual JGBs can be purchased in lots starting at 10,000 yen, or $67. They come in 10-year floating rate bonds, five-year fixed-rate bonds and three-year fixed-rate bonds. They can be purchased at securities companies, financial institutions and post offices. Some financial institutions also sell them online.
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