Individual JGB purchases soar as BOJ moves to higher rates

Retail investors shift money from deposits to financial instruments

20250402N yen notes

Japanese government bond purchases by individuals topped $30 billion in fiscal 2024. (Photo by Akira Kodaka)

YUKA FURUBAYASHI

TOKYO -- Japanese government bond purchases by individuals rose 32% to 4.49 trillion yen ($30 billion) in fiscal 2024, as people sought to take advantage of the Bank of Japan's policy shift to raising rates.

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