The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

Bank of Japan announces unscheduled 200b yen bond-buying plan, injects more funds

Published Fri, Mar 13, 2020 · 04:49 AM
Share this article.

[TOKYO] The Bank of Japan on Friday said it would buy 200 billion yen (S$2.67 billion) of Japanese government bonds with five to ten years to maturity in an unscheduled move as the local debt market capitulated to investors' rush for liquidity.

The BOJ also announced it would inject an additional 1.5 trillion yen in two-week lending in a sign of alarm at the central bank over drying liquidity in financial markets.

REUTERS

SEE ALSO
Japan’s corporate service inflation perks up in March
GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here