Bank of Japan Announces Results of 5-10 Year and 10-25 Year JGB Outright Buying Operations
The Bank of Japan disclosed the results of its outright buying operations for Japanese Government Bonds (JGBs) in two maturity ranges: 5-10 years and 10-25 years. For the 5-10 year JGBs, total offers were ¥808.2 billion with ¥260.1 billion accepted at an average spread of 0.029%. For the 10-25 year JGBs, total offers were ¥310.0 billion with ¥95.2 billion accepted at an average spread of 0.031%. These operations reflect the BOJ's ongoing efforts in bond market interventions.