TOKYO -- The Bank of Japan contributed a record 2.17 trillion yen ($13.8 billion) to the government's coffers in fiscal 2023, according to full-year results published Wednesday, though higher interest rates have fueled concerns over the central bank's financial future.
Bank of Japan
BOJ pays record $14bn to government on ETF gains and bond interest
Unrealized losses on Japanese government bonds skyrocket amid higher rates
Payments by the BOJ to the government are seen as a critical source of funds for the country's defense buildup. (Photo by Yuji Murakami)
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