Japan Plans to Reduce Sales of Super-Long Government Bonds

Japan plans to reduce sales of government bonds during the fiscal year starting in April, focusing on cuts to super-long debt.

Total issuance of government bonds to institutional investors through auctions will be ¥168.5 trillion ($1.1 trillion), a reduction of ¥3.8 trillion compared with the initial plan for the previous fiscal year, the Ministry of Finance said Friday.