The Japanese government is finalizing a plan to issue up to 300 billion yen ($3 billion) of inflation-linked bonds this autumn, sources familiar with the matter said.
At present, the likely plan is for the Finance Ministry to sell 300 billion yen in inflation-linked bonds in October and another 300 billion yen in January, the sources say.
The government has said it plans to sell 600 billion yen in inflation-linked bonds in the fiscal year ending in March 2014 but has not announced details on the timing.
Japan has suspended inflation-linked bonds since 2008 when the global financial crisis caused their prices to plunge. The Bank of Japan has set an inflation target of 2 percent a year, Reuters reported.
