BOJ boosts JGBs bond-buying on Thursday

The Bank of Japan (BOJ) ramped up its Japanese Government Bond (JGB) purchases in 1-3 years maturities by JPY500 billion vs. JPY420 billion previous, in its routine daily operation.

The central bank also boosted the buying of JGBs in 3-5 years maturities to the tune of JPY420 billon from the JPY350bn purchases seen previously.