The Bank of Japan has boosted its provisions for JGB losses - braced for higher rates ...Middle East

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The Bank of Japan has boosted its provisions for JGB losses - braced for higher rates

Bank of Japan info comes via Japanese media, Nikkei (gated):

The Bank of Japan has set aside the maximum provisions for losses on bond transactionsa sign of how the central bank is preparing for rising interest ratesFor fiscal 2024, the BOJ raised the level of provisions to 100% for the first time, Nikkei has learned

Bank of Japan Governor Ueda

    This article was written by Eamonn Sheridan at www.forexlive.com.

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