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Japan's central bank maintains bond purchases after earlier jolt, JGBs bounce

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - The Bank of Japan maintained the amount of its bond purchases on Thursday, helping to soothe a market rattled earlier this week by a cut in its buying of longer-dated debt that fanned worries the central bank may be moving to turn off its stimulus.The BOJ maintained the size of its buying in one- to three-, three- to five-, and five- to ten-year Japanese government bonds at 250 billion yen ($2.24 billion), 300 billion yen and 410 billion yen respectively.The 10-year JGB futures were up 0.13 in price, paring some of their total losses of 0.37 point over the ...

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First Published: Thu, January 11 2018. 11:50 IST