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Just recapping an overnight piece from the......>

BOJ
BOJ: Just recapping an overnight piece from the Nikkei: "The Bank of Japan next
week will discuss shifting to unlimited purchases of Japanese government bonds
in response to a deep coronavirus-induced economic slump, Nikkei has learned.
The BOJ also will weigh doubling yearly purchases of corporate bonds and
commercial paper during the policy meeting Monday, sources say, in an effort to
help cash-strapped businesses finance their operations. Japan's central bank now
aims to increase its government bond holdings at a pace of roughly 80 trillion
yen ($742 billion) a year. Shifting to unlimited buying would have the BOJ adopt
the same whatever-it-takes stance as the U.S. Federal Reserve."
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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