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*** The BoJ raised the size of its 1-3 & 3-5....>

BOJ
BOJ: *** The BoJ raised the size of its 1-3 & 3-5 Year Rinban operations by
Y50bn apiece, after trimming the amount of operations covering the buckets in
November to 4, previously 5.
- If these rates are applied through the remainder of the month the BoJ will buy
Y1.4tn worth of 1-3 Year paper & Y1.6tn worth of 3-5 Year paper.
- This compares to Y1.5tn & 1.75tn worth of the respective buckets at the prior
sizes over 5 purchases, pointing to a net reduction in monthly purchases if the
current purchase sizes hold through November.
- 5-10 Year purchase sizes were left unchanged.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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