Analyzing the Bank of Japan's balance sheet and monetary policy impact
BOJ Statements of Account at end-Feb 2026: JGS holdings ¥546.7tr (12-month cumulative -¥41.8tr). Current account ratio fell to 67.4%. Passive QT has accelerated.
Assessing the BOJ Statements of Account data gap in Feb 2026 using the Jan 2026 balance sheet: JGS growth, liquidity metrics, and normalization prospects.
BOJ balance sheet in Jan 2026: total assets ¥682.9 trillion, JGS holdings up ¥1.2 trillion to ¥545.6 trillion. Quantitative assessment of QQE exit and asset composition changes.
