Japan is set to boost its short-term Japanese government bond (JGB) issuance by ¥7 trillion this fiscal year to fund a new economic stimulus package. The increase will focus on two- and five-year maturities, with an additional ¥6 trillion in treasury discount bills (T-bills) aimed at enhancing near-term liquidity. This strategy seeks to secure quick funding while minimizing volatility in long-term bonds. The proposal is expected to receive cabinet approval on Friday.