Fx News

BoJ JGBs holdings hit record in March

According to the cutting-edge statistics posted by using the Bank of Japan (BoJ), the central bank’s holdings of Japanese authorities bonds (JGBs) hit a report at the quit 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 12 months earlier, and a file for the stop of the fiscal yr 2013.”

“The central financial institution bought a document JPY136 trillion yen in the yr via March, nearly double the quantity in the preceding year, separate information confirmed before this week.”

Market reaction
At the time of writing, USD/JPY is trading on the lower back so a ways this Good Friday, ranging round 131.65 following rejection simply shy of the 132.00 level.

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