Japan’s Kato Says Talks With Markets Key for Bond Issuance

Japan’s finance minister said discussions with market participants are a key factor for ensuring government bonds are bought and sold stably ahead of a closely watched ministry meeting with investors.

“We are engaged in thoughtful and careful dialogue with the market, and it is incumbent upon us to make sure that government bonds are being bought,” Finance Minister Katsunobu Kato said in an interview with Bloomberg TV on Friday. As the Bank of Japan steps back from bond purchases, the government needs to find other investors to fill the gap, he said.