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Japan Finance Minister sees no risk of JGBs suffering a principal loss

TOKYO : Finance Minister Shunichi Suzuki said on Friday he saw no risk of Japanese government bonds (JGBs) suffering a loss of principal as long as it wins market confidence in its debt management.

Suzuki also told reporters after a cabinet meeting that the ministry would strive to achieve the fiscal 2025 budget balancing target by promoting fiscal reform.

(Reporting by Tetsushi Kajimoto; Editing by Christian Schmollinger)

Source: Reuters

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