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BOJ keeps rate target unchanged at around 0.5%
BOJ keeps rate target unchanged at around 0.5%

NHK

time13 hours ago

  • Business
  • NHK

BOJ keeps rate target unchanged at around 0.5%

The Bank of Japan has decided to keep its benchmark interest-rate unchanged. The central bank target of around 0.5 percent for short-term rates will remain in place. It made the announcement after its two-day policy meeting ended on Tuesday. The BOJ decision comes amid uncertainty about the economic effects in Japan of US President Donald Trump's tariff measures. The Bank of Japan has also decided to taper planned reductions in monthly purchases of Japanese government bonds. From April 2026, the bank will aim to reduce purchases by about 200 billion yen, or about 1.3 billion dollars, every three months. That compares with the current plan to cut the amount by about 400 billion yen, or about 2.7 billion dollars, every quarter. BOJ Governor Ueda Kazuo is set to explain the decision and future monetary policy in a news conference later in the day.

Sony Life Mulls Selling Japan Bonds to Avoid Writing Down Losses
Sony Life Mulls Selling Japan Bonds to Avoid Writing Down Losses

Bloomberg

time22-05-2025

  • Business
  • Bloomberg

Sony Life Mulls Selling Japan Bonds to Avoid Writing Down Losses

Sony Life Insurance will take measures, including the sale of government bonds it holds, to avoid writedowns in the event domestic interest rates keep rising. We are very concerned about the risk of a further rise in ultra-long-term bond yields, and that he will 'take measures such as selling bonds as necessary' to avoid impairment, said Ryoji Inaba, senior vice president and general manager, head of investment planning division at Sony Life Insurance in an interview.

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