Japan mulls buying back some super-long government bonds – Reuters

Citing two sources with direct knowledge of the plan, Reuters reported on Monday that the Japanese government is considering buying back some super-long bonds issued in the past at low interest rates.

Additional takeaways

The Ministry of Finance, which oversees the government's debt issuance plan, will reach a final decision after holding meetings with bond market participants on June 20 and June 23.

Buying back super-long Japanese government bonds (JGB) would require budget approval and will likely take time.

The Bank of Japan (BoJ) will likely maintain its current bond-taper programme running through March, but consider slowing the pace of tapering from next fiscal year.