Bank of Japan(BOJ) is willing to purchase unlimited number of JBG’s at 0.25% interest rate

The Bank of Japan (BOJ) is willing to buy an unlimited number of 10-year Japanese Government Bonds (JBG’s) at an interest rate of 0.25% on April 27th and 28th.

April 26, 2022 - 02:34 PM 267 views

Bank of Japan(BOJ) is willing to purchase unlimited number of JBG’s at 0.25% interest rate

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© Bank of Japan(BOJ) is willing to purchase unlimited number of JBG’s at 0.25% interest rate

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The Bank of Japan (BOJ) is willing to buy an unlimited number of 10-year Japanese Government Bonds (JBG’s) at an interest rate of 0.25% on April 27th and 28th. Hence, the Bank of Japan (BOJ) declared that it will perform consecutive operations on the unlimited fixed rate purchases of Japanese Government Bonds (JBG’s) in the future.

With the latest news, the USD/JPY currency pairs have returned below the 128.000 mark, supporting the demand for the Yen currency.

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