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Japan central bank loses billions on ETFs, may face annual loss

Man riding bicycle rides past the Bank of Japan building in Tokyo
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TOKYO (Reuters) - The Bank of Japan on Tuesday acknowledged unrealised losses of 2-3 trillion yen (15-23 billion pounds) on its holdings of exchange-traded funds (ETFs) after a rout in Japanese stock prices, raising the prospect it could post an annual loss this year.Analysts said a loss - highly unusual for a central bank - would be the first by the BOJ in nearly 40 years and could constrain the..
Date Published: Mar 24, 2020
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