Bank of Japan cuts minimum amount of bond purchases for next quarter

Kitco Media
By Reuters
Published:
Updated:
Reuters
TOKYO, March 31 (Reuters) - The Bank of Japan (BOJ) on Friday reduced the minimum size of its planned Japanese government bond (JGB) purchases for all maturities over the next three months.


The BOJ said it would offer to buy between 475 billion yen
to 875 billion yen ($3.57 billion-$6.57 billion) of 5-year to 10-year bonds, lowering the bottom end of the range from 575 billion yen in the previous three months. ($1 = 133.1900 yen) (Reporting by Junko Fujita Editing by Chang-Ran Kim)

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