Analyzing the Bank of Japan's balance sheet and monetary policy impact
BOJ total assets ¥664.4 trillion; JGS holdings down ¥47.6 trillion y/y. Current account ratio fell to 68.0%, accelerating liquidity reduction. Quantitative assessment of 2026 QT slowdown.
BOJ Statements of Account (end‑May 2026): JGS holdings ¥533.1tr (+¥1.2tr m/m). 12‑month QT pace ¥47.6tr. Current account ratio down to 68.0%.
BOJ balance sheet ¥663.3 trillion, current account balances +¥9.7 trillion. Annual QT pace maintained at ¥46.3 trillion with signs of shifting liquidity structure.
BOJ total assets fell to ¥662.1tr. JGS down ¥15.8tr month-on-month; annual QT pace reached -¥45.1tr. Quantitative analysis of balance sheet structural change ahead of April buy halving.
BOJ total assets ¥683.8 trillion, JGS holdings ¥546.7 trillion; annual QT pace ¥41.8 trillion. Current account balances fell to ¥461.1 trillion (67.4%), signaling shifting liquidity structure.
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.
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.
