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*** Focus turns to the BOJ's Rinban.............>

BOJ
BOJ: *** Focus turns to the BOJ's Rinban operations covering the 1-5 & 10-25+
Year buckets in ~15 mins time. These are the first operations to be conducted in
September.
- As a reminder the BOJ trimmed the number of purchases of the 1-10 Year buckets
in its September Rinban operations to 5 (prev. 6), although in all the buckets
where the Bank trimmed the number of monthly purchases, it also upped the
potential size of the purchases (by rising the upper limit of the permitted
purchase size band). The move may also be a result of calendar effects i.e. a
limited amount of eligible purchase days during the month of Sep.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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