Group 1 - Japan plans to reduce the issuance scale of ultra-long bonds by 10% [1] - The issuance of 2-year Japanese government bonds, 1-year, and 6-month discount treasury bills will be increased by 600 billion yen each [1] - The issuance of Japanese government bonds to households will increase by 500 billion yen to 5.1 trillion yen [1]

Core Viewpoint - Japan plans to reduce the issuance scale of ultra-long bonds by 10%, while increasing the issuance of 2-year Japanese government bonds, 1-year, and 6-month discount treasury bills, each by 600 billion yen [1] Group 1 - Japan's reduction in ultra-long bond issuance indicates a shift in its debt management strategy [1] - The increase in short-term debt instruments suggests a focus on liquidity and immediate financing needs [1] - The specific increase of 600 billion yen in each of the short-term instruments highlights a significant adjustment in the government's funding approach [1]