Higher interest rates may cause Japan’s debt-servicing to top 30 trillion yen in FY2025

January 19, 2022 9:38 AM

TOKYO (REUTERS) – Japan’s debt servicing costs would exceed 30 trillion yen (S$353.3 billion) for the first time ever in fiscal 2025 if interest rates rise by 1 per cent more than expected, a draft of the Ministry of Finance’s (MOF) estimates, due later this month, showed.

Source : https://www.straitstimes.com/business/banking/higher-interest-rates-may-cause-japans-debt-servicing-to-top-30-trillion-yen-in-fy2025