BoJ keeps JGB buying amounts unchanged from the previous offer

The Bank of Japan (BoJ) announced on Thursday that it left the Japanese government bonds (JGB) amounts unchanged compared to the previous operation.

Key details

The BoJ offers to buy:

JPY375 billion (bn) 1-3 Year.

JPY425 bn 3-5 Year.

JPY425 bn 5-10 Year.

Over a month ago, the BoJ trimmed the amount of 5-10 years it bought in a scheduled operation.

Market reaction

USD/JPY tested the 157.00 level before retracing to 156.75 following the above headlines, currently flat on the day.