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MNI BRIEF: BOJ Keeps Q4 JGB Buy Frequency, Scale Per Auction

(MNI) Tokyo

The Bank of Japan said on Tuesday it would leave the frequency of Japanese government bond buying operations and the scale per operation of each zone unchanged in Q4 from the previous quarter.

The decision reflected high uncertainties over the global economy and global inflation rates, the BOJ noted.

"The Bank will make nimble responses for each maturity by, for example, increasing the amount of JGB purchases and conducting fixed-rate purchase operations and the Funds-Supplying Operations against Pooled Collateral," the Bank added.

"The Bank will determine the offer rate for fixed-rate purchase operations each time, taking account of market rates and other factors."

MNI Tokyo Bureau | +81 90-2175-0040 |
MNI Tokyo Bureau | +81 90-2175-0040 |

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