Group 1 - The Japanese Ministry of Finance officials have received requests to reduce the issuance of 20-year government bonds [1] - Traders at the meeting generally agreed with the Ministry's bond plan [1] - Some participants requested the repurchase of ultra-long bonds, while others expressed concerns that repurchases could harm market autonomy [1] Group 2 - There are currently no plans to repurchase bonds, and such repurchases cannot be implemented immediately [1] - The revised bond plan is expected to contribute to market stability [1]

Core Viewpoint - The Japanese Ministry of Finance officials have indicated that they do not rule out the possibility of repurchasing some existing Japanese government bonds [1] Group 1 - The consideration of repurchasing government bonds suggests a potential shift in monetary policy or a response to market conditions [1]

Core Viewpoint - The Japanese government is making significant adjustments to its bond issuance plan in response to market turmoil, reducing the issuance of long-term bonds while increasing short-term bonds to address supply-demand imbalances in the bond market [1][3]. Group 1: Bond Issuance Adjustments - The Japanese government plans to cut the issuance of 20-year, 30-year, and 40-year bonds by 1 trillion yen (approximately 6.9 billion USD) each in upcoming auctions until March 2026, resulting in a total reduction of about 10% from the original plan [1]. - The total planned sales of Japanese government bonds (JGB) for the fiscal year ending next March will decrease by 500 billion yen (approximately 3.44 billion USD) to 171.8 trillion yen [2]. Group 2: Increased Short-term Bond Issuance - To compensate for the reduction in long-term bonds, the Ministry of Finance will increase the issuance of short-term bonds, including a 1 trillion yen increase in the issuance of 2-year bonds, bringing the total to 27 trillion yen [1]. - The issuance of 1-year bonds will also increase by 6 billion yen to 39 trillion yen, and 6-month bonds will see a similar increase to 3 trillion yen [1]. Group 3: Market Response and Context - The adjustments are a direct response to the recent volatility in the Japanese bond market, where long-term yields surged to record highs and auction demand weakened [3]. - The Bank of Japan's decision to slow down the reduction of bond purchases starting next fiscal year provides a supportive backdrop for the Ministry of Finance's adjustments [3]. - The strategy of increasing short-term bond issuance, while addressing immediate market concerns, may lead to more frequent debt rollovers, making the fiscal situation more susceptible to market fluctuations [3].

Core Viewpoint - The Japanese Ministry of Finance stated that speculation regarding bond repurchases in July is unrealistic [1] Group 1 - The Ministry's comments indicate a firm stance against the current market speculation surrounding bond repurchases [1]

Core Viewpoint - The Japanese Ministry of Finance stated that speculation regarding the bond repurchase in July is unrealistic [1] Group 1 - The Ministry's comments aim to clarify misconceptions surrounding the bond market activities [1] - The statement reflects the government's stance on maintaining stability in the financial markets [1]

智通财经6月11日电，日本财务省表示7月份回购债券的猜测不切实际。 ...

金十数据6月9日讯，两位消息人士周一表示，日本政府正在考虑回购一些过去以低利率发行的超长期债 券。此举凸显出政府对抑制债券收益率出现任何突然上升情况的重视。在超长期债券（如期限为20年、 30年或40年的债券）收益率急剧上升后，预计政府将减少超长期债券的发行量。日本政府将采取行动解 决超长期债券供应过剩的问题，这一消息令市场感到宽慰，日本国债收益率随即下跌。 消息人士称， 负责监督政府发债计划的财务省将在6月20日和6月23日与债券市场参与者举行会议后做出最终决定。他 们说，回购超长期日本国债需要预算批准，可能需要时间。 消息人士称日本将考虑回购部分超长期国债 ...