- BoJ to cut amounts for regular bond buying operations in January-March quarter
Market news
BoJ to cut amounts for regular bond buying operations in January-March quarter
The Bank of Japan (BoJ) on Wednesday announced its plan of regular bond-buying operations for the January-March quarter of 2024.
Key details
Plans to buy between 300 bln to 650 bln Yen of 1-3 year JGBs 4 times a month in Jan-March (vs 350 bln to 650 bln Yen, 4 times in previous quarter).
Plans to buy between 350 bln to 750 bln Yen of 3-5 year JGBs 4 times in Jan-March (vs 400 bln to 750 bln Yen, 4 times in previous quarter).
Plans to buy between 100 bln to 500 bln Yen of 10-25 year JGBs 3 times in Jan-March (vs 100 bln Yen to 500 bln Yen, 4 times in previous quarter).
Plans to buy between 50 bln to 350 bln Yen of JGBs with more than 25 years of maturity 2 times in Jan-March (vs 50 bln to 350 bln Yen, 3 times in previous quarter).
Market reaction
At the time of writing, USD/JPY is clinging to early gains at around 142.60, up 0.19% on a daily basis.
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