28 May 2001, 11:09  Shiokawa: MoF will adjust timing, level of JGB issuance to avoid rising rates

TOKYO (AFX-ASIA) - Finance Minister Masajuro Shiokawa said the finance ministry will adjust the timing and level of government bond issues to avoid a rise in interest rates. Asked about concerns that quantitative easing may boost long-term interest rates, Shiokawa said: "We are seriously examining how to issue new government bonds because we are concerned about that." He added: "We will adjust the timing and amount of government issues from now on."

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