Bank of Japan info comes via Japanese media, Nikkei (gated):
-
The Bank of Japan has set aside the maximum provisions for losses on
bond transactions - a sign of how the central bank is preparing for
rising interest rates - For fiscal 2024, the
BOJ raised the level of provisions to 100% for the first time, Nikkei
has learned - the provisions are funded with income from bond and other transactions
- provisions … target has usually been 50% of income … pre- fiscal 2024, the BOJ had gone as high as 95% in fiscal 2018 … in fiscal 2024, the BOJ increased provisions by 472.7 billion yen ($3.28 billion at current rates), compared with a 922.7 billion yen increase in fiscal 2023
Bank of Japan Governor Ueda
This article was written by Eamonn Sheridan at www.forexlive.com.