China's August big sell-off in Japanese government bonds

Source: Internet
Author: User
Keywords Treasury
The largest single month since 2005 to reduce the record of the New Express News Japan's finance ministry reported October 8 that after seven consecutive months of overweight, China began selling Japanese government bonds in August. The data showed that in August China sold a total of 2.02 trillion trillion yen in Japanese government bonds, the largest single monthly reduction record in 2005 years.  In the previous seven months, China has significantly increased its holdings of Japanese government bonds, including a record increase of 735.2 billion trillion yen in May. The data also showed that in August China sold a total of 2.03 trillion trillion yen in Japanese treasury bonds and bought long-term bonds worth 10.3 billion yen. In addition, data released on the same day showed that Japan's current account surplus was 1.11 trillion yen in August, down 5.8% from a year earlier. (at the time of the card)
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