BoJ offers to buy JPY1.75 trillion worth of JGBs on Monday
|The Bank of Japan (BoJ) announced on Monday that it offers to purchase JPY1.75 trillion worth of Japanese government bonds (JGBs).
Key details
JPY425Bln 1-3 year.
JPY500 billion 3-5 year.
JPY675 billion 5-10 year.
JPY150 billion 25+ year.
Market reaction
Amidst speculations of a potential BoJ yield policy move at Governor Haruhiko Kuroda’s final meeting on March 9-10, the Japanese yen is fighting back some control against the US Dollar. At the time of writing, USD/JPY is trading 0.12% higher at 134.32, retreating from daily highs of 134.54.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.