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MNI BRIEF: BOJ Offer To Buy Unlimited 10-Yr JGBs At Fixed Rate

(MNI) Tokyo
TOKYO (MNI)

The Bank of Japan on Wednesday offered to buy an unlimited amount of 10-year Japanese Government Bonds (JGBs) in line with its minus/plus 0.25% yield curve control target.

The 10-year yield stood at the top end of the range at 0.25% on Wednesday, unchanged. The yen reached an intraday high of 129.40 on Wednesday against the dollar. The BOJ previous stepped into the market for unlimited purchases at the end of March, see: MNI INSIGHT (RPT): Only Short-Term Yen Impact If JGBs Tweaked.

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

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