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BOJ bond-buying faces challenge as Japan Post slows debt sales

The Bank of Japan (above) has been criticised by bond traders for sucking the life out of the world's second largest bond market without getting any closer to its 2 per cent inflation target.


THE day when the Bank of Japan (BOJ) cannot find enough bonds to buy is drawing closer.

State-owned Japan Post Bank Co will probably offload about 10 trillion yen (S$110.5 billion) of Japanese government bonds (JGB) in the year started April 1, according to Bank of America