No Plans to Refinance Older JGBs – Japan’s Aso
Japanese Finance Minister Mr. Taro Aso crossed the wires via Reuters on Monday, commenting on the JGBs refinance plans. However, he provided no hints on further BOJ easing any time soon.
Key Quotes:
No plans to refinance older JGBs
Japan promised not to refinance JGBs when it got rid of the clause allowing this
Any change to that would damage the trust in the nation
(Market News Provided by FXstreet)
