Japan set to issue JPY16 trln in additional government bonds to fund stimulus package - Reuters

Dhwani Mehta FXStreet

Citing sources familiar with the matter, Reuters reports that the Japanese government is likely to unveil 16 trillion yen in additional government bonds to fund the stimulus package.

Further, the sources reported that the government will be issuing the bonds from July onwards to fund stimulus, aimed at fighting the economic impact of the virus outbreak.

USD/JPY recovers swiftly from near 2-week lows, retakes 108.00 mark and beyond

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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