Japan's Aso says he and Kuroda discussed ways to defeat deflation and spur economic growth

Speaking at a scheduled press conference, Japan finance minister Mr. Taro Aso said that he and BOJ Governor Kuroda discussed ways to combat deflation and also discussed the scale of the economic measures to be implemented.

Key Headlines:

BOJ and govt will continue to co-ordinate closely

Exchanged views on increasing issuance of 40-year JGBs.

Will decide after consulting markets

Not considering issuing 50-year JGBs

Discussed contents, scale, effect of economic stimulus steps

Defeating deflation and achieving growth is important for govt and BOJ