WisdomTree: Cause and Effect: Bank of Japan Becomes Government’s Largest Lender
July 22, 2014 at 12:00 PM EDT
On June 18, the Bank of Japan (BOJ) announced holdings of more than ¥201 trillion ($1.97 trillion), making it the largest single holder of Japanese government bonds (JGBs) in the world. Accounting for 20.1% of total debt outstanding, the BOJ overtook the country’s insurance industry in the top spot...