Skip to content
Subscriber Only

Bank of Japan Will Need to Slow Bond Purchases, Ex-Director Says

The Bank of Japan will need to reduce the pace of its record purchases of government debt as it is approaching the limits of the bond market, said a former BOJ executive director.

"Of course they can’t keep stacking up 80 trillion yen ($784 billion) of bonds forever," said Kazuo Momma, who worked at the BOJ until the end of May. “They are aware they are nearing the limit, whether that is now or later.”