Reuters: US Dollar Report: Japan PM Noda: Wrong to have BOJ finance public debt

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Japan PM Noda: Wrong to have BOJ finance public debt Nov 30th 2012, 06:10 TOKYO | Fri Nov 30, 2012 1:10am EST TOKYO Nov 30 (Reuters) - Japanese Prime Minister Yoshihiko Noda said on Friday it would be wrong to have the central bank finance public debt, regardless of whether it underwrote bonds from the government or bought them from the market. "Having the BOJ finance public debt is inappropriate. I wouldn't adopt such a policy," Noda said in a joint debate of party leaders held ahead of a general election for parliament's lower house on Dec. 16.

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