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Land of the rising sum: Japan investors just wait

A redemption of government bonds in June is likely to add to this cash pile

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Financial institutions boosted reserves held at the BOJ to 28.6 trillion yen, the highest since reaching 29.7 trillion yen in March 2016.

Tokyo

JAPANESE investors' wait-and-see approach this year is leading to a growing problem. Cash.

Having sold a record amount of overseas bonds in April, as well as domestic debt, investors have mostly held off reinvesting the proceeds. Excess reserves at the Bank of Japan (BOJ)

sentifi.com

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