Bank of Japan also expands its JGB yield trading band to 25bps (from 20bps)
Both the ETF and JBG band decisions were widely expected.
The two main planks of the pilcy decision were flagged for weeks in advance and the Nikkei highlighted the two measures as likely only yesterday. Thus the decisions come as little surprise.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
We and our partners store and/or access information on a device, such as unique IDs in cookies to process personal data. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signalled to our partners and will not affect browsing data.
We and our partners process data to provide:
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a device. Personalised ads and content, ad and content measurement, audience insights and product development.