I posted earlier on the BOJ JGB holdings: Who owns all the JGBs? (Spoiler: BOJ has most of 'em)

More now:

  • The Bank of Japan's holdings of government debt rose to a record in July-September
  • Insurance companies and pensions were the second-largest holders (21.6% of bonds outstanding)

Adds Reuters:

  • some economists would argue that the Q3 record will make it more difficult for the BOJ to unwind its QE policy

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Funnily enough, though, the Bank is buying JGBs at a slower rate than it has said it would (the BOJ YCC policy has made its 80 tln yen buy target irrelevant and the bank is buying much less than this .... but they are still expanding their holids, yes.