 In Japanese circles, thats a stark contrast to the assumed interest rate of 1.1 set when the government compiled a draft state budget for the coming fiscal year. Thats the same long-term rate used for the budgets in the last six years even if actual borrowing costs have fallen short of said figure. I mean, in the past, the coupon rate on 10-year JGBs were 0.20 before the latest change at the start of this year made it 0.50. 