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Bank of Japan continues to buy JGBs, amount unchanged from previous offerBank of Japan continues to buy JGBs, amount unchanged from previous offer

No reduction in buying of Japanese Government Bonds from the BOJ. Not surprising, the Bank said they were keeping the foot on the pedal.

The Bank offers to buy:

JPY 150bn in up to 1yr JGBsJPY 375bn in 1-3yr JGBsJPY 425bn in 3-5yr JGBsJPY 150bn in 10yr-25yr JGBs

USD/JPY up a touch (AUD and NZD also lower against the big dollar):

This article was written by Eamonn Sheridan at www.forexlive.com.

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