Posted On: 04/17/2013 8:00:08 AM
Post# of 28534

BOJ official: mulling increasing frequency of JGB purchases
By Stanley White TOKYO (Reuters) - A senior Bank of Japan official said on Wednesday the central bank will consider increasing the frequency of its long-term government debt purchases in response to bond dealers' concerns about distorting markets. The shift in strategy came after many bond dealers asked the BOJ at a meeting on Wednesday to buy smaller amounts of debt in more frequent market operations as financial institutions try to adapt to the central bank's new monetary policy framework. ...



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