BOJ pays record $14bn to government on ETF gains and bond interest

TOKYO -- The Bank of Japan contributed a record 2.17 trillion yen ($13.8 billion) to the government's coffers in fiscal 2023, according to full-year results published Wednesday, though higher interest rates have fueled concerns over the central bank's financial future.

As a general rule, the BOJ's final profits after certain expenses and taxes are paid to the government as the nation's property. Such payments increased around 10% for the year ended March 31.