It would also be significant to improve the safety and user friendliness of the JGB market from the viewpoint of such aspects as the usability of futures and repo markets, the tax treatment of JGBs, and the standardization of trading and settlement customs.
Consumer prices also continue to decline, but the year-on-year rate of decrease has diminished to 0.2 percent due to special factors, such as the rise in medical treatment costs in April in line with the reform of the medical insurance system and the rise in tobacco tax in July.