Bank of Japan offers to buy up to 750bn yen of 3-5 year JGBs, up from 725bn

Reuters reporting that:

  • Bank of Japan widens range of 3-5 year bond buying, offering to buy
    as much as 750 bln yen each time, up from 725 bln yen

I think saying ‘widens range’ might be taken the wrong way – but the amount is boosted.

The BOJ decision is here:

USD/JPY all over the place but higher than going into the announcement

This article was written by Eamonn Sheridan at Source