Bloomberg News

Japan Purchased 4.5% of EFSF Bonds Sold Yesterday, Official Says

April 17, 2012

Japan purchased 4.5 percent of the debt sold by the European Financial Stability Facility yesterday, a Japanese Finance Ministry official said.

The nation bought 90 million euros ($118 million) of the 1.99 billion euros in six-month bills, the official said, speaking on condition of anonymity because of the ministry’s policy.

Japan has purchased about 11.5 percent of all EFSF bonds sold and Finance Minister Jun Azumi said yesterday that the nation will provide $60 billion for the International Monetary Fund to expand its resources to limit risks from Europe’s sovereign-debt crisis.

To contact the reporter on this story: Mayumi Otsuma in Tokyo at motsuma@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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