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Event Brief

Japan's Interest Payments Set to Double by 2029

Interest payments in Japan are expected to reach ¥21.6 trillion by 2029, doubling from the current year's budget.
WHO: Bank of Japan
WHAT: Interest payments increase
WHEN: Feb 26, 2026 at 4:50 AM ET
WHERE: Japan
WHY: Due to rate hikes by the Bank of Japan
Sources (1): Japan Times

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