- ARAB NEWS
- 25 Apr 2024
Since 1975
TOKYO: The Bank of Japan's holdings of Japanese government bonds, including short-term bills, stood at some 485.9 trillion yen at the end of March, hitting a record high on a fiscal year-end basis, Jiji Press learned Thursday.
The BOJ has been actively buying JGBs to provide ample funds to the financial market in order to help sustain the Japanese economy.
Recently, the central bank is stepping up JGB buying to stabilize the markets, which have been rocked by concerns over the coronavirus pandemic, market sources said.
The BOJ is set to announce on Tuesday the balance of its JGB holdings as of the end of March.
At the end of March last year, the BOJ's JGB holdings stood at 469.9 trillion yen.
JIJI Press
