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03:41
Bank of Japan: Accommodative Financial Environment Expected to Persist After Policy Rate Adjustment
On June 16, the Bank of Japan stated that it expects the accommodative financial environment to continue after the adjustment of the policy rate, providing strong support for economic activities.
03:41
Bank of Japan Adjusts Bond Purchase Plan for July to September
On June 16, the Bank of Japan announced plans to purchase 355 billion yen of 1 to 3-year Japanese government bonds twice a month from July to September (previously three times a month for 255 billion yen). The plan includes purchasing 320 billion yen of 3 to 5-year Japanese government bonds twice a month (previously three times a month for 230 billion yen). Additionally, the bank will buy 335 billion yen of 5 to 10-year Japanese government bonds twice a month (previously three times a month for 240 billion yen). It also plans to purchase 100 billion yen of 10 to 25-year Japanese government bonds twice a month (previously three times a month for 80 billion yen). Lastly, the plan includes purchasing 75 billion yen of ultra-long-term (remaining maturity of over 25 years) Japanese government bonds twice a month (previously twice a month for 75 billion yen).
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