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BOJ faces record 9.43 tril. yen appraisal bond loss on rising yields

From mainichi.jp

The Bank of Japan said Wednesday its appraisal loss on government bond holdings widened to a record 9.43 trillion yen ($60 billion) at the end of fiscal 2023, affected by rising yields as the central bank gradually moved away from unorthodox monetary easing. Aggressive buying of bonds and other assets has formed a key pillar of the BOJ's monetary policy to help Japan end its fight with deflation. Higher share prices, meanwhile, led the bank to see its unrealized profit from exchange-traded funds that are linked to the prices more than double from a year earlier to a record 37.31 trillion yen. In March, the BOJ went ... (full story)

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  • Category: Fundamental Analysis