BOJ says it will trim buying in super-long JGBs in October

BOJ says it will trim buying in super-long JGBs in October
 

The Bank of Japan announced on Friday it plans to trim buying in Japanese government bonds with more than ten years to maturity in its initial market operation in October.
The BOJ last week said it would aim to guide the 10-year Japanese Government Bond (JGB) yield around zero percent, in addition to its existing policy of imposing negative interest rates of minus 0.10 percent on a portion of banks' deposits at the central bank.
(Reporting by Hideyuki Sano; Editing by Shri Navaratnam)
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30 September 2016 in Business, Views: 31
Source: Reuters
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