Japan PM Kishida: Must be cautious about issuing perpetual bonds

FILE PHOTO: FILE PHOTO: Fumio Kishida, Japan's prime minister, attends a news conference at the prime minister's official residence in Tokyo
FILE PHOTO: FILE PHOTO: Fumio Kishida, Japan's prime minister, speaks during a news conference at the prime minister's official residence in Tokyo, Japan, October 4, 2021. Toru Hanai/Pool via REUTERS/File Photo

October 13, 2021

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Wednesday the government must be cautious about issuing perpetual bonds as a means to fund spending.

“It’s something we need to be cautious about to sustain market trust in Japan’s finances,” Kishida told parliament, when asked by an opposition lawmaker about the idea.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)