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BOJ Enhancement of Monetary Easing

From boj.or.jp

At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan made the following decission, by a unanimous vote, regarding the Asset Purchase Program (hereafter refered to as "The Program") with a view to further enhancing monetary easing. 1. The Bank decided to increase the total size of ther Program by about 10 trillion yen, from about 70 trillion yen to about 80 trillion yen. The increase in the size of the Program corresponds with the size of the additional purchases of treasury discount bills (T-bills) by about 5 trillion yen and Japanese government bonds (JGBs) by about 5 trillion yen. (full story)

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