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Japan government to "steadily reduce" new JGB issue

Published Mon, Dec 22, 2014 · 09:50 PM

Tokyo

JAPAN'S government said on Monday it would "steadily reduce" new government bond issuance for the next fiscal year from that planned for the current year ending in March 2015, in a bid to curb runaway public debt.

In a draft budget outline submitted to the top economic council, Tokyo also pledged to "do its utmost" to meet…

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