You are here: Home » Reuters » News
Business Standard

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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, January 11 2018. 11:50 IST
RECOMMENDED FOR YOU