Free Trial

MNI BRIEF: BOJ Keeps JGB Buying Scale Per Auction Unch in Dec

(MNI) Tokyo

The Bank of Japan said on Tuesday it has decided to keep the frequency of government bond buying operations and the scale of each bond buying operation in December unchanged from November.

The BOJ will offer to buy JPY450 billion of JGBs with a remaining life of 1 to 3 years (four times), JPY450 billion of JGBs with a remaining life of 3 to 5 years (four times), JPY425 billion of JGBs with a remaining life of 5 to 10 years (four times), JPY150 billion of JGBs with a remaining life of 10 to 25 years (one time) and JPY50 billion of JGBs with a remaining life of more than 25 years (one time).

The BOJ said that the bank may change the frequency as needed, taking account of market conditions.

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
True
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.