News Column

REPEAT: BoJ Becomes Biggest Creditor To Japan Government

June 17, 2014

TOKYO (Alliance News) - The Bank of Japan became the biggest creditor to the government for the first time ever, data from the central bank revealed Wednesday.

The BoJ held JPY 201 trillionJapan government bonds in March, accounting for 20.1% of the total JGBs.

Insurance companies, the second biggest holder of bonds had a share of around 19.3%.

The aggressive monetary easing of the BoJ to achieve 2% inflation has increased its bond holdings.

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Source: Alliance News

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