Bank of Japan Maintains Monthly JGB Purchases at 2 Trillion Yen From April 2027

According to the Bank of Japan, the central bank's policy board voted 7-1 today to adjust its Japanese government bond (JGB) purchases to improve market stability. From now through March 2027, the BOJ will reduce its monthly JGB purchase plan by approximately 200 billion yen each quarter. Starting April 2027, monthly JGB purchases will be maintained at around 2 trillion yen. The BOJ retained flexibility to increase purchases or conduct fixed-rate operations if long-term interest rates rise rapidly.
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