Bank of Japan Sets Record Provision Amid Surging Bond Losses

The Bank of Japan (BOJ) has set aside the maximum possible provision to cover potential losses from its bond transactions for fiscal year 2024, according to a spokesperson from the central bank. BOJ confirmed that it has allocated a 100% provision against the potential losses incurred from trading government bonds — a sharp deviation from … Continue reading Bank of Japan Sets Record Provision Amid Surging Bond Losses