{"id":93808,"date":"2009-12-22T08:14:00","date_gmt":"2009-12-22T13:14:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/japan-welcomes-foreign-bond-buyers-2009-12"},"modified":"2009-12-22T08:14:00","modified_gmt":"2009-12-22T13:14:00","slug":"japan-suddenly-extends-the-welcome-mat-to-foreign-bond-buyers","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/93808","title":{"rendered":"Japan Suddenly Extends The Welcome Mat To Foreign Bond Buyers"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b012c8100000000002851af&amp;maxX=400\" border=\"0\" alt=\"Sumo Japan\" width=\"400\" \/><\/p>\n<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'moneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>Until now Japan&#8217;s government debt has largely been owned by its own citizens and corporations, just as the U.S. once was.<\/p>\n<p>Thus it&#8217;s peculiar how Japan is now cutting taxes for foreign bonds investors. Perhaps the ability of the Japanese to buy their government&#8217;s ever increasing debt has become stretched. Thus the new the foreign bond-buyer welcome mat:<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/8eeb952a-ee5b-11de-944c-00144feab49a.html\">FT:<\/a> The Japanese government is easing the tax burden on non-resident investors in Japanese bonds in an effort to boost foreign participation in Japan&rsquo;s Y933,000bn ($10,300bn) government and corporate bond market.<\/p>\n<p style=\"padding-left: 30px;\">After June 1 next year, non-resident investors will be exempt from the 15 per cent tax currently applied to interest and the 30 per cent tax on any profits made when redeeming corporate bonds.<\/p>\n<p style=\"padding-left: 30px;\">The government will also simplify procedures for obtaining tax exemptions on interest on government bonds and widen the scope of investors qualified to receive the tax exemptions.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/8eeb952a-ee5b-11de-944c-00144feab49a.html\">Read more at the FT.<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/japan-welcomes-foreign-bond-buyers-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/fiscal-sanity-spreading-around-the-world-as-japan-is-latest-to-promise-a-cut-in-debt-2009-12\">Fiscal Sanity Spreading Around The World, As Japan Is Latest To Promise A Cut In Debt<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/ubs-the-risk-trade-is-toast-in-2010-buy-emerging-markets-dump-japan-2009-12\">UBS: The Risk-Trade Is Toast In 2010, Buy Emerging Markets, Dump Japan<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/china-down-big-overnight-japan-slips-gold-back-above-1100-2009-12\">China Down Big Overnight, Japan Slips, Gold Back Above $1100<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/5_A0c8fEtfc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Until now Japan&#8217;s government debt has largely been owned by its own citizens and corporations, just as the U.S. once was. Thus it&#8217;s peculiar how Japan is now cutting taxes for foreign bonds investors. Perhaps the ability of the Japanese to buy their government&#8217;s ever increasing debt has become stretched. Thus the new the foreign [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-93808","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/93808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=93808"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/93808\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=93808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=93808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=93808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}