Japan credit unions face bond losses as long rates rise

Nikkei Asia · 2 days ago
Japan credit unions face bond losses as long rates rise
  • Japan's community-focused shinkin banks are accumulating losses as higher interest rates reduce the value of their bond holdings.
  • The losses create headwinds for small-business fundraising by constraining credit unions' lending capacity.

Quotes

Losses are mounting at Japan's community-focused shinkin banks as rising interest rates erode the value of their bond holdings.Nikkei Asia

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