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MNI BRIEF: BOJ To Offer 5-Year Fund-Providing Operation Thur

(MNI) TOKYO

The Bank of Japan said Monday it will conduct a funds supplying operation against pooled collateral on Thursday.

The operation will start on Friday and end Sept. 15 2028, a move aimed at curbing higher bond yields.

The 10-year JGB yield rose to 0.700% on Monday, its highest level since January 2014, as speculation over an early end of the negative interest rate increased following a report that BOJ Governor Kazuo Ueda indicated such a move was possible in an interview with a local newspaper on Saturday.

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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