The Japanese government has announced that it will issue a record amount of bonds during the 2014 fiscal year.
The amount is expected to be about 1.7 trillion dollars, a rise of nearly 6 percent in yen terms over fiscal 2013.Officials plan to spend about 1.2 trillion dollars on refinancing government bonds. That's up 7 percent from the current fiscal year.
Spending on new government bonds will be reduced by 2 percent, to about 400 billion dollars.
Source: NewsOnJapan
Spending on new government bonds will be reduced by 2 percent, to about 400 billion dollars.
Source: NewsOnJapan
