BOJ's Massive Bond Holdings Pace Seen Expanding Even More Slowly in 2018

Photographer: Akio Kon/Bloomberg
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The pace at which the Bank of Japan is expanding its massive hoard of bonds will continue to slow in 2018, according to the majority of economists surveyed by Bloomberg.

The central bank will increase its Japanese government bond holdings by about 44 trillion yen ($392 billion) next year, according to the average estimate in the survey. That’s well below the BOJ’s 80 trillion yen annual guideline and a considerable drop from the 61 trillion yen increase that was seen in the 12 months through the end of November, according to calculations by Bloomberg.