ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Japan-Update

Japan looks to reduce bond floats for eighth year

Tax revenue growth seen outpacing spending hike in fiscal 2018

Japan's Finance Ministry projects lower government bond issuance in fiscal 2018, expecting that tax revenue will increase.

TOKYO -- Japan will lighten its float of government bonds in fiscal 2018 for an eighth straight year, the Finance Ministry decided Wednesday, anticipating that tax revenue growth will exceed the spending increase in the nation's budget.

The JGB issuance, set to total 34.36 trillion yen ($302 billion) in fiscal 2017, would be reduced by as much as hundreds of billions of yen next fiscal year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more