September 11, 2013

Japan's servicing rate on its bonds estimated at 0.8 per cent

Picture: Japanese Currency

"Japan's debt of 237 per cent of GDP is...truly a worry for its citizens.It is saved only by a low servicing rate of 0.8 per cent on its bonds but this is bad news for the bond holders (the citizens themselves!)...Japan's deficit is...(at - 9 per cent of GDP)"

Source: We're better off than many
By Phil Ruthven
Business Review Weekly
April 18 - 24th print edition, 2013, page 21

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