BOJ reduces purchase of 1-3 year JGBs

The Japanese central bank (BOJ) reduces the purchases of one- to three-year and three- to five-year JGBs, adhering to Friday’s announcement that it will trim the purchases of shorter-duration JGBs. Purchase amounts of longer-dated JGBs to remain unchanged.

Purchases of 1-3 year JGBs trimmed from 300 bln yen to 280 bln yen.

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