The government is considering reforming the system for Japanese government bonds for retail investors and reviewing the interest-rate calculation method in the financial-sector draft of the Basic Policy to be formulated in July.
On 23 June 2026, the government announced the existence of the financial-sector draft of the Basic Policy, which is scheduled to be formulated in July. The draft is expected to include proposed reforms to the system for Japanese government bonds for retail investors.
The draft is expected to outline a policy aimed at making Japanese government bonds for retail investors more attractive and expanding the domestic investor base. A review of the interest-rate calculation method is also under consideration.