TOKYO -- Japan is poised to increase its estimate of long-term interest rates to 1.9% from 1.1% for calculating interest payments on government bonds in the fiscal 2024 budget proposal, Nikkei has learned.
Bonds
Japan to raise assumed rate for debt-servicing to 1.9%
Estimate set to increase for first time in 17 years as bond yields rise
The Japanese government intends to increase its estimate for long-term interest rates for budget purposes. (Photo by Masaru Shioyama)
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