TOKYO -- Japan's Ministry of Finance on Wednesday proposed reducing the issuance of off-the-run Japanese government bonds (JGBs) with super-long maturities in liquidity enhancement auctions, citing a dearth of buyers.
Economy
Japan Finance Ministry proposes cut to super-long JGB issuance
Rare second mid-year reduction comes amid political uncertainty, buyer shortage
Japan's Ministry of Finance has proposed reductions in government bonds with super-long maturities, shifting to shorter maturity bonds for the same overall issuance volume. (Photo by Akira Kodaka)
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