Monday, July 23, 2012

Foreign ownership of Japanese debt at 8.3%


  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)

No comments:

Post a Comment