TOKYO, Oct 20 (Reuters) - Japan's Ministry of Finance said it would scrap planned issuance of 10-year inflation-linked and 15-year floating-rate government bonds for the rest of 2008, and may not issue them in February next year unless market conditions improve. The MOF cancelled a planned auction of 300 billion yen in inflation-linked bonds this month, in the first scrapping of a JGB offer since just after the 1987 stock market crash, citing unstable conditions in financial markets. (Reporting by Masayuki Kitano)
No comments:
Post a Comment