MOF Releases June Subscription Figures for Retail JGBsA · FULL TRANSLATION
# retail JGB# Ministry of Finance# household savings# bonds
Key Points
- The finance ministry published June retail JGB subscription data
- Rising rates renew household appetite for government bonds
- The floating 10-year type is the benchmark inflation hedge
Analysis
Japan's finance ministry released June subscription figures for retail government bonds (details per the official release). With yields above 2.8%, monthly subscriptions gauge how fast household cash is migrating from deposits toward bonds.