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Dow Jones Newswires: Bank of Japan loses $6 billion on bond holdings

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By Megumi Fujikawa

The Bank of Japan reported an unrealized loss on its Japanese government bond holdings for the first time in more than 16 years, reflecting the sharp rise in yields.

The BOJ said Monday that it had an unrealized loss of 874.9 billion yen ($6.29 billion) on its JGB holdings as of the end of September, compared with a profit of Y4.373 trillion at the end of March. It was the first time since March 2006 that the BOJ saw a loss in JGB holdings.

In September, the yield on 10-year JGBs rose to 0.25%, the level the BOJ set as the ceiling.

JGB yields rose rapidly earlier this year, following the rise in global bond yields amid interest-rate increases by the Federal Reserve and other global central banks.

Write to Megumi Fujikawa at megumi.fujikawa@wsj.com

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