BoJ conducts emergency bond buying on Friday

Bank of Japan (BoJ) conducted another unscheduled/ emergency Japanese government bond (JGB) buying operation on Friday.

In doing so, the Japanese central bank offered to buy:

JPY 150bn in up to 1 year remaining until maturity JGBs

JPY 500bn in 1-3 year JGBs.

JPY 575bn in 3-5 year JGBs.

JPY 300bn in 5-10 year JGBs.

JPY 300bn in 10-25 year JGBs.

Market reaction

In reaction to the BoJ operation, USD/JPY is advancing toward 134.00, adding 0.26% on the day.