Japan's Debt Issuance Projected to Rise by 28% by 2029

Japan's Ministry of Finance has projected a significant increase in the country's bond issuance by the fiscal year 2029. According to Jin10, the anticipated rise is attributed to escalating debt issuance costs. The forecast suggests that Japan's bond issuance could reach 38 trillion yen by 2029, marking a 28% increase compared to the fiscal year 2026. This projection highlights the growing financial pressures faced by Japan as it navigates rising costs associated with its debt management strategy.