• BOJ offers to buy JGBs worth JPY500 billion, USD/JPY stays above 135.00

Market news

13 June 2022

BOJ offers to buy JGBs worth JPY500 billion, USD/JPY stays above 135.00

The Bank of Japan (BOJ) set a new offer for its bond-buying programme on June 14, announcing it would buy JPY500 bln worth of Japanese Government Bonds (JGB) with a maturity of over five years and up to 10 years.

The BOJ said that it will increase the amount of offers for its bond-buying as needed.

Market reaction

USD/JPY remains unfazed by the BOJ announcement, trading at 135.05, up 0.46% on the day, as of writing.

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