More from the Nikkei over the weekend
- Japan will reduce its planned issuance of government bonds for fiscal 2015 by about 450 billion yen
- Cut from the initially planned 36.9 trillion yen
- A part of the supplementary budget proposal that the cabinet will consider in mid-December
- Greater-than-expected tax revenues will enable the reduction
JGB issuance was reduced by 750 billion yen from initial plans in fiscal 2014
Drop in the bucket, sure, but a factor for the primary budget.