Foreign ownership of Japanese government bonds has risen to its highest
level in more than 30 years, signaling increasing dependence on
investors abroad to finance the world's largest public debt.
Overseas investors owned 8.3 percent of JGBs as of the end of the
fiscal year in March, the Bank of Japan said in a report Tuesday. This
was the most since the end of fiscal 1979, the earliest for which
comparable data are available.
(Japan Times, Jun 20)
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