BoJ: Announces Unscheduled Bond Buying Operation
BOJ ANNOUNCES UNSCHEDULED BOND BUYING OPERATION— IGSquawk (@IGSquawk) December 20, 2022
BoJ Offers To Buy JPY600Bln Worth Of JGBs:— LiveSquawk (@LiveSquawk) December 20, 2022
-JPY100Bln 1-3 Year
-JPY100Bln 3-5 Year
-JPY300Bln 5-10 Year
-JPY100Bln 10-25 Year
Bank of Japan announces an unscheduled JGB buying operation.
JGB have plunged, Futures halted: Osaka Exchange halts JGB futures trade - limit down. There is no halt in the physical JGB market though where the slamming has continued. The Bank of Japan has stepped in to stem the losses, or at least slow them. • Offers to buy up to JPY 100bn in 1-3yr JGBs. • JPY 100bn in 3-5yr JGBs. • JPY 300bn in 5-10yr JGBs. • JPY 100bn in 10-25yr JGBs.
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