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S&P affirmed Japan's ratings at 'A+' and outlook stable

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Wednesday, S&P affirmed Japan's ratings at 'A+' and outlook stable and now expects Japan's government debt to grow at a slower annual rate of about 5% of GDP in fiscals 2016-2019.

    Key Quotes:

    The corresponding increase in net general government debt will bring it to 133% of GDP in fiscal 2019 from 126% in fiscal 2016

    The stable outlook on the long-term rating on Japan reflects our expectations that nominal economic growth averaging 2% and negative effective real interest rates on government debt will slow the increase in the government debt burden over the next two years and eventually stabilize it
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