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.
- Comment #1
- Dec 20, 2022 12:49am Dec 20, 2022 12:49am
- | Joined Mar 2020 | Status: Member | 670 Comments
- Comment #2
- Dec 20, 2022 1:49am Dec 20, 2022 1:49am
- | Joined Oct 2014 | Status: Junior Member | 1 Comment
- Comment #3
- Dec 20, 2022 2:15am Dec 20, 2022 2:15am
- | Joined Oct 2021 | Status: Junior Member | 4 Comments
- Older Stories
Bank of Japan Governor Haruhiko Kuroda shocked markets by adjusting the central bankís yield curve control program and sparking a sharp jump in the yen just months before he is ...
In accordance with the guidelines for market operations and asset purchases decided at the Monetary Policy Meeting today, the Bank of Japan has decided to implement following ...
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided to modify the conduct of the yield curve control in order to improve market functioning and encourage a smoother formation of the entire yield curve, while maintaining accommodative financial conditions. Since early spring this year, volatility in overseas financial and capital markets has increased and this has significantly affected these markets in Japan. The functioning of bond markets has deteriorated, particularly in terms of relative relationships between spot and futures markets. Yields on Japanese government bonds (JGBs) are reference rates for corporate bond yields, bank lending rates and other funding rates. tweet at 10:01pm: BoJ Keeps Monetary Policy Steady -Maintains Short-Term Interest Rate Target At -0.1% -Maintains 10-Year JGB Yield Target Around 0% tweet at 10:08pm: BOJ EXPANDS RANGE FOR 10-YEAR JGB YIELD FLUCTUATIONS TO PLUS AND MINUS 0.5 PCT POINTS FROM CURRENT PLUS AND MINUS 0.25 POINTS #BOJ #Japanecon #interestrates tweet at 10:01pm: BOJ MADE DECISION ON YCC BY UNANIMOUS VOTE - https://t.co/wXVagA44VK tweet at 10:09pm: BOJ: BOJ WILL SIGNIFICANTLY INCREASE JGB PURCHASING AMOUNT.
- Newer Stories
Economic activity in China continues to track the ups and downs of the pandemicóoutbreaks and growth slowdowns have been followed by uneven recoveries. Real GDP growth is ...
The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced the 2023 updated asset-size thresholds used to define "small bank" and "intermediate small ...
Effective Monday, December 19, 2022, limits for Overnight Repo (OR) operations will increase to $1 billion for each eligible participant. At the same time, the maximum aggregate ...