BOJ's unrealized losses on JGB holdings grow to $68.4bn

Central bank's yield cap decision in December played significant role

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Bank of Japan Gov. Haruhiko Kuroda on Feb. 3 explains to a lower house committee how unrealized losses on the central bank's holdings of government bonds have drastically increased.

Nikkei staff writers

TOKYO -- Unrealized losses on the Bank of Japan's holdings of Japanese government bonds amounted to about 8.8 trillion yen ($68.4 billion) at the end of 2022, Gov. Haruhiko Kuroda said on Friday.

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