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RTRS notes that "Japan plans to cut the........>

JGBS
JGBS: RTRS notes that "Japan plans to cut the amount of inflation-linked
government bonds it sells to the market next month to the lowest level in seven
years, government officials said on Tuesday, as slumping oil costs and the
economic fallout from the coronavirus pandemic stoke fears of deflation. The
Ministry of Finance (MOF) originally planned to issue 300 billion yen ($2.8
billion) worth of inflation-linked bonds in a quarterly auction scheduled for
May 8. Given prospects of weaker price growth, the MOF is expected to trim the
amount to 200 billion yen, which would be the lowest amount of issuance since
2013, two government officials with direct knowledge of the plan told Reuters."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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