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Showing 1 - 7 of 7 results for "JGB purchases"

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... in total to ¥3.2 trillion and ¥4.2 trillion, respectively. At its April meeting, the BOJ removed the limit on JGB purchases so that 10-year yields will remain at 0%, and increased its purchases of corporate debt to ¥20 trillion from around ¥7 trillion ...

Three for three

BENJAMIN ONG  |  FRIDAY, 3 FEB 2017
... policy interest rate unchanged at -0.1%, maintained its 10-year government bond yield target at around zero and JGB purchases "at more or less the current pace -- an annual pace of increase of about 80 trillion yen". "The Policy Board also decided, by ...

The twenty-first night of September

BENJAMIN ONG  |  MONDAY, 12 SEP 2016
... Japanese central bank is "Running Out of Bonds to Buy" (WSJ) in about 18 months (and this, if it maintains its current JGB purchases at ¥80 trillion annually). And then there's the BOJ's conflicting statements on negative interest rates. Governor Haruhiko ...

Japan does a double double-dip

BENJAMIN ONG  |  TUESDAY, 17 NOV 2015
... sustained growth and inflation. At its October meeting - where it kept interest rates unchanged at 0-0.1% and maintained JGB purchases at an annual pace of ¥80 trillion - the BOJ reiterated its positive assessment and outlook on the Japanese economy. ...

Damned lies and (actual) stats

BENJAMIN ONG  |  MONDAY, 18 MAY 2015
... the surprise would be if the BOJ alters current monetary policy settings, i.e., zero to 0.1% interest rates and JGB purchases at an annual pace of A¥80 trillion. While Governor Kuroda moved the bull's eye on the 2% inflation target from "within 2015" ...

Goodbye QE, hello QQE

BENJAMIN ONG  |  MONDAY, 3 NOV 2014
... yen (an addition of about 30 trillion yen compared with the past)... The average remaining maturity of the Bank's JGB purchases will be extended to about 7-10 years (an extension of about 3 years at maximum compared with the past)." "The Bank will purchase ...

BOJ brings out big bazooka

BENJAMIN ONG  |  FRIDAY, 5 APR 2013
... (JGBs) as well as exchange-traded funds (ETFs) in two years, and more than double the average remaining maturity of JGB purchases." You want more? There's more. "...the Bank will purchase ETFs and Japan real estate investment trusts (J-REITs) so that ...
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