According to the latest data published by the Bank of Japan (BoJ), the central bank’s holdings of Japanese government bonds (JGBs) hit a record at the end 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 year earlier, and a record for the end of the fiscal year 2013.”

“The central bank purchased a record JPY136 trillion yen in the year through March, almost double the amount in the previous year, separate data showed earlier this week.”