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So the prospect of a default on CoCo bonds adds to the current uncertainty over the banking sector, and as well as making further issuance of such bonds a problem, could also undermine other credit markets.
But without legislation providing a framework for how the bonds would behave in case of bankruptcy, the banks were forced to create costly contracts that made further issuance too expensive and complicated.
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Indeed, Mr. Sakaiya and other officials worry that further bond issuance will result in a rise in interest rates, making the government's debt payments more expensive.
Still, in order to ensure greater fiscal discipline, the government has also issued strict curbs on further debt issuance by regional and local authorities.
"If we increased government bond issuance further, what will happen?
Greg Feehely and Wayne Brown at Altium Securities said: The announcement of the issuance of further debt will give rise to further M&A speculation.
After several weeks of intense negotiations over the handgun issue, the Canadian government sent a letter to the State Department on Wednesday asking the United States to suspend the issuance of further licenses, pending an investigation, Canadian and American officials said.
The Japanese finance minister, Masajuro Shiokawa, warned against a huge government spending package to prop up the economy, saying today that a further increase in bond issuance would lead to higher long-term interest rates.
In that case, the court held that such an agreement "is viewed in light of the parties' interests and the prevailing marketplace", further stating: Furthermore, the issuance of concurrent use registrations need not prevent either party from engaging in advertising or other activities which might result in the incidental publication of one registrant's mark in the territory of the other registrant.
The stimulus package, to be funded by the issuance of bonds, will further swell Japan's national debt, which is the biggest in the world.
The changes announced to the Scotland Bill would: Allow the government to amend the way in which Scottish ministers can borrow to include bond issuance, without the need for further primary legislation.
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