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- BoJ JGBs holdings hit record in March
BoJ JGBs holdings hit record in March
According to the latest data published by the Bank of Japan (BoJ), the central bank’s holdings of Japanese government bonds (JGBs) hit a record at the end of March.
Key takeaways
“The BoJ's holdings of JGBs stood at JPY582 trillion ($4.42 trillion) as of March 31, up 10.6% from a year earlier, and a record for the end of the fiscal year 2013.”
“The central bank purchased a record JPY136 trillion yen in the year through March, almost double the amount in the previous year, separate data showed earlier this week.”
Market reaction
At the time of writing, USD/JPY is trading on the back so far this Good Friday, ranging around 131.65 following rejection just shy of the 132.00 level.
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