Bank Of Japan Announces Unplanned Bond Purchase Operation

by Ella

The Bank of Japan (BoJ) announced on Monday that it would conduct an unplanned bond operation, offering an agreement to purchase 3 trillion yen bonds (JGB), starting on Tuesday and ending on Thursday.

Market Reaction

The Japanese yen was barely affected by the Bank of Japan’s announcement. At press time, USD/JPY was trading at 149.20, up 0.45%.

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