Japan 🇯🇵 just sold $17 billion worth of Foreign Debt, the largest sale in 9 years pic.twitter.com/0PGOst9UET
— Win Smart, CFA (@WinfieldSmart) June 13, 2024
Japan recently conducted a significant debt sale, marking the largest such sale in nine years. Here are the key points:
- Japan sold $17 billion worth of foreign debt.
- This sale represents the largest issuance of foreign debt by Japan in nearly a decade.
- The auction of five-year government notes met solid demand, occurring after central bank Governor Kazuo Ueda’s remarks that suggested negative interest rates might be on the way out