The Bank of Japan (BOJ) increased its Japanese government bond (JGB) holdings by ¥1.2694 trillion in October, bringing the month-end total to ¥505.2774 trillion as it follows a plan to reduce purchases over time.
The central bank’s monthly table listed outright JGB purchases of ¥2.1363 trillion during October and redemptions of ¥866.9 billion. Subtracting redemptions from purchases gives the ¥1.2694 trillion net increase recorded in holdings.
October’s balance was above September’s ¥504.008 trillion but below the ¥519.9277 trillion reported at the end of August. Month-end holdings are a stock measure; purchases and redemptions count activity during the month. The BOJ’s October-end holdings report provides the monthly balance.
The BOJ also listed a bond-by-bond holdings workbook with positions measured on Nov. 10. Its Japanese-language release page dates the posting to Nov. 12. The English-language listings still showed a Nov. 4 file covering positions as of Oct. 30. The newer workbook presents each issue separately, giving a more granular view than the monthly aggregate. It is separate from the monthly stock table behind the October total.
Under the June plan, monthly buying is to decline by around ¥200 billion each quarter through January-March 2027. BOJ meeting minutes list planned purchases of about ¥2.3 trillion a month in October-December 2026, falling to ¥2.1 trillion in January-March 2027. The plan then sets purchases at about ¥2 trillion a month from April 2027, aiming to improve JGB market functioning while maintaining stability. It also allows the BOJ to raise buying if long-term rates climb sharply. These are planned purchase amounts; the monthly table records completed transactions.
The BOJ calendar names Dec. 17-18, 2026, as the dates for its next Monetary Policy Meeting.
