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BoJ To Conduct Bond Purchases Today

BOJ

A quick reminder of some of the subnotes surrounding the BoJ’s new Rinban purchases. The BoJ noted the following on Tuesday “with regard to the purchases on December 26, 2022, indicated in "Quarterly Schedule of Outright Purchases of Japanese Government Bonds (Competitive Auction Method) (October-December 2022) " published on November 29, the Bank will conduct the purchases in approximately the same size as the size per auction from January through March 2023, as defined. The Bank will also conduct additional purchases on December 22, 2022, the amounts of which will be decided based on market conditions.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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