• BOJ announces it will offer additional JGB buying on Wednesday

Market news

14 June 2022

BOJ announces it will offer additional JGB buying on Wednesday

The Bank of Japan (BOJ) announced on Tuesday that it has set a new offer for its bond-buying programme on June 15.

Additional details

To buy about 250 bln yen of JGBs with maturity of 10-25 years on June 15.

To buy about 800 bln yen of JGBs with maturity of 5-10 years on June 15.

To buy 150 bln yen of JGBs with maturity of over 25 years on June 15.

To offer buying 625 bln yen of JGBs with maturity of 1-3 years on June 15.

To offer buying 625 bln yen of JGBs with maturity of 3-5 years on June 15.

To continue to conduct additional and increased bond buying taking into account market moves.

Market reaction

USD/JPY is unfazed by the above announcement, as it adds 0.17% on the day to trade at 134.62, at the press time.

Market Focus
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