Japan to issue construction bonds for first time in 4 years: Nikkei
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Japan's PM and leader of the ruling Liberal Democratic Party Shinzo Abe attends a news conference following a victory in the upper house elections by his ruling coalition, at the LDP headquarters in Tokyo, Japan, July 11.
PHOTO: REUTERS
TOKYO (REUTERS) - Japan's government will issue construction bonds for the first time in four years to fund stimulus spending after Prime Minister Shinzo Abe's coalition cruised to a comfortable election victory, the Nikkei newspaper said without citing sources.
Construction bonds are debt whose proceeds are set aside specifically for public works spending.
