GovernmentDebt

Japan's Kato Issues Caution as Rising Bond Yields Threaten Financial Stability

2 months ago

Japan's Chief Financial Secretary, Shunichi Kato, has recently voiced serious concerns regarding the implications of rising bond yields, warning that they may place significant strain on the country's finances. During a press briefing, Kato emphasized the potential risks associated with increasing interest rates, which could hinder Japan's economic recovery efforts in the post-pandemic landscape.

Kenya's Strategic Shift: Phasing Out 364-Day Treasury Bills

3 months ago

In a significant policy adjustment, the Central Bank of Kenya announced its decision to discontinue the issuance of 364-day Treasury bills. This change, designed to address challenges in debt management, comes as part of a broader effort to streamline the country's fiscal operations and improve liquidity in the financial markets.

Japan's Fiscal Strategy: FY25 Debt Servicing Rate Set at 2%

4 months ago

In a significant move reflecting Japan's fiscal policy outlook, the government is poised to establish the initial debt servicing rate for the fiscal year 2025 at a notable 2%. This decision comes at a time when the nation is grappling with various economic challenges, including inflationary pressures, rising interest rates, and the ongoing impact of global economic shifts.

Nigeria Successfully Raises $2.2 Billion Through Eurobond Issue, Marking Return to International Markets

4 months ago

Nigeria has marked its return to the international debt market by successfully raising $2.2 billion through its first Eurobond issuance since 2022. This move comes as the West African nation seeks to address pressing fiscal challenges while also supporting its economic recovery efforts amidst complex financial conditions.

New Zealand Treasury Raises Alarm Over Surging Government Debt

7 months ago

The New Zealand Treasury has voiced growing concern over the increases in government debt that have blown out significantly through the economic downturn. A warning by the Treasury in a recent fiscal report made clear that the government needs to take action to contain what is rapidly becoming an unsustainable debt path.