BOJ books 1st unrealized bond loss under Kuroda in fiscal half


The Bank of Japan said Monday it booked an unrealized loss of 874.9 billion yen ($6.3 billion) on its government bond holdings in the six months to September, the first under Governor Haruhiko Kuroda, after bond prices fell amid global monetary tightening. The loss, the largest for the BOJ since fiscal 1998 under the current accounting standards, came as the central bank ramped up bond buying to keep borrowing costs at rock-bottom levels against a global tide of monetary tightening. Bond prices move inversely to yields. The BOJ saw its total assets decline 5.3 percent from the same period a ye...

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