Not issuing new bonds to supplement the budget "tab": Japanese Prime Minister Takai Yasu appeases the bond market, relying on excess tax revenue to free up space for issuing bonds.

According to the Wisdom Finance APP, Japanese Prime Minister Takaichi Sanae stated on Monday that the government will not increase the size of government bond issuance according to the calendar year to finance the supplementary budget. This move is aimed at easing concerns in the market about fiscal discipline. Takaichi revealed that the total amount of the supplementary budget is slightly over 3 trillion yen (approximately 189 billion US dollars), which is basically in line with the size disclosed by Finance Minister Kato Tsuyoshi last Friday. The supplementary budget is expected to be submitted for parliamentary deliberation as early as next week.