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Outline of Outright Purchases of Japanese Government Bonds
The Bank of Japan decided to conduct the outright purchases of Japanese government bonds as follows, effective from November 4, 2014. In principle, the Bank will announce the “Outline of Outright Purchases of Japanese Government Bonds” on the last business day of every month. The next announcement will be on November 28, 2014. 1. Amount to be Purchased Approximately 8-12 trillion yen per month in principle. The Bank takes account of market conditions and conducts purchases in a flexible manner in order to ensure that the effects of monetary policy permeate the economy.