February 24, 2024 8:22 am

“Higher rates could erode finances if central bank moves toward easing exit…” – Citizen Watch Report

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp
Telegram

URGENT: JUST 11 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, TO ENSURE WE ARE FULLY FUNDED FOR NEXT MONTH,SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS - Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Bank of Japan’s paper loss on JGB holdings grows to record $71bn

Higher rates could erode finances if central bank moves toward easing exit

TOKYO — The Bank of Japan’s unrealized losses on its Japanese government bond holdings swelled to 10.5 trillion yen ($71.2 billion) at the end of September, according to financial statements released Tuesday, as rising yields dragged down bond prices.

This marked the central bank’s third straight half-year paper loss on JGBs, and the largest since it began valuing them under its current method in 2004, smashing the previous record of 874.9 billion yen set in September 2022. The bank reported its first yearly paper loss in 17 years for the fiscal year ended this past March.

The BOJ assumes that its bonds are held to maturity, meaning that paper losses based on market prices have no bearing on its actual income. But any market worries about the central bank’s finances could have an impact on currency markets and interest rates.

Source link

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

Original Source: “Higher rates could erode finances if central bank moves toward easing exit…” – Citizen Watch Report

Support the ANR from as little as $8 – it only takes a minute. If you can, please consider supporting us with a regular amount each month. Thank you.

Let’s not lose touch…Your Government and Big Tech are actively trying to censor the information reported by The ANR to serve their own needs. Subscribe now to make sure you receive the latest uncensored news in your inbox…

Australian National Review is Australia’s first real free and independent press, one with no editorial control by the elite, but a publication that can generate critical thinkers and critical debate and hold those spreading mistruths and deliberate propaganda in mainstream media to account.

News with a difference that will be educational, compelling and create a platform for political and social change in this country and address the real issues facing this country and the world.

Discover more from The ANR

Subscribe now to keep reading and get access to the full archive.

Watch Full Documentary

URGENT: JUST 3 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED TO LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS

Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Get access to TruthMed- how to save your family and friends that have been vaxx with vaccine detox, & how the Unvaxxed can prevent spike protein infection from the jabbed.

Free with ANR Subscription from $8