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“Our target is not only to sell bonds to foreign buy-and-hold investors, but to get foreign participants to come into the Tokyo markets to play. Japanese investors still have a home-country bias. But if all bonds are held by Japanese, with common expectations and analysis, then this leads to potential illiquidity and volatility” Hiroshi Watanabe |
MoF’s Sumi announces plans for 40-year JGB
OVERSEAS DEBT INVESTOR relations efforts are still new and rather strange for Japan’s key financial policy makers.
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