Free Trial

The Bank of Japan said Thursday it has.........>

JGBS
JGBS: The Bank of Japan said Thursday it has decided to leave the frequency of
its Japanese government bond purchases in September unchanged from August.
- The BOJ largely left unchanged its purchase plans for each JGB maturity zone,
but did slightly lower its purchase plans per operation for JGBs with a
remaining life of 5-10 years to a range of Y300bln-Y500bln in September from a
range of Y350bln-Y550bln in August in line with its recent purchase patterns. 
- On July 7, the BOJ increased the scale of 5-10 Year to Y500bln from Y450bln to
curb higher bond yields. But the scale was reduced to Y470bln on July 24, to
Y440bln on Aug. 16 and to Y410bln on Aug. 25 due to the drop in 10-year bond
yields caused by continued tight supply-demand conditions and geopolitical
risks.

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.